{"data":{"id":"us-nj/n.j.-stat.-42-2c-30","jurisdiction":"us-nj","citation":"N.J. Stat. § 42:2C-30","heading":"Liability of members and managers.","body":"30.\tLiability of Members and Managers.\na.\tThe debts, obligations, or other liabilities of a limited liability company, whether arising in contract, tort, or otherwise:\n(1)\tare solely the debts, obligations, or other liabilities of the company; and\n(2)\tdo not become the debts, obligations, or other liabilities of a member or manager solely by reason of the member acting as a member or manager acting as a manager.\nb.\tThe failure of a limited liability company to observe any particular formalities relating to the exercise of its powers or management of its activities is not a ground for imposing liability on the members or managers for the debts, obligations, or other liabilities of the company.\nL.2012, c.50, s.30.","path":["TITLE 42 PARTNERSHIPS AND PARTNERSHIP ASSOCIATIONS"],"source_url":"https://pub.njleg.state.nj.us/statutes/STATUTES-TEXT.zip","current_through":"P.L.2025, c.405, and J.R.22","vintage":"","retrieved_at":"2026-08-27T17:54:13Z","sha256":"d64675800855de6a21fc34569c75083aba260624848cc23eae1aa6de96ef3a53","source_id":"us-nj","stale":true,"prev":"us-nj/n.j.-stat.-42-2c-29","next":"us-nj/n.j.-stat.-42-2c-31"},"notice":"GroundRules: Original legal text. Not legal advice."}