{"data":{"id":"us-id/idaho-code-30-25-304","jurisdiction":"us-id","citation":"Idaho Code § 30-25-304","heading":"LIABILITY OF MEMBERS AND MANAGERS.","body":"(a) A debt, obligation, or other liability of a limited liability company is solely the debt, obligation, or other liability of the company. A member or manager is not personally liable, directly or indirectly, by way of contribution or otherwise, for a debt, obligation, or other liability of the company solely by reason of being or acting as a member or manager. This subsection applies regardless of the dissolution of the company.\n(b) The failure of a limited liability company to observe formalities relating to the exercise of its powers or management of its activities and affairs is not a ground for imposing liability on a member or manager for a debt, obligation, or other liability of the company.","path":["TITLE 30 CORPORATIONS","CHAPTER 25 LIMITED LIABILITY COMPANIES","PART 3 RELATIONS OF MEMBERS AND MANAGERS TO PERSONS DEALING WITH LIMITED LIABILITY COMPANY"],"source_url":"https://legislature.idaho.gov/statutesrules/idstat/title30/t30ch25/sect30-25-304/","current_through":"2026 Legislative Session","vintage":"","retrieved_at":"2026-09-04T11:18:38Z","sha256":"bd8cbef56a1bc808a74179270de48ac78bbcd56ce6595e72ea76a26dd5e2b024","source_id":"us-id","stale":false,"prev":"us-id/idaho-code-30-25-303","next":"us-id/idaho-code-30-25-401"},"notice":"GroundRules: Original legal text. Not legal advice."}