N.D. Cent. Code § 10-32.1-23

10-32.1-23. No agency power of a member as a member

Year: 2026Length: 63 wordsOfficial source
10-32.1-23. No agency power of a member as a member 1. A member is not an agent of a limited liability company solely by reason of being a member. 2. The status of a person as a member does not prevent or restrict law other than this chapter from imposing liability on a limited liability company because of the conduct of the person.
N.D. Cent. Code § 10-32.1-23: 10-32.1-23. No agency power of a member as a member | Justis AI