2014 Minnesota Statutes
This is an historical version of this statute chapter. Also view the most recent published version.
322C.0301 NO AGENCY POWER OF MEMBER AS MEMBER.
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Subdivision 1.No automatic agency.
A member is not an agent of a limited liability company solely by reason of being a member.
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Subd. 2.Other law not affected.
A person's status as a member does not prevent or restrict law other than this chapter from imposing liability on a limited liability company because of the person's conduct.
History:
NOTE: This chapter, as added by Laws 2014, chapter 157, article 1, sections 1 to 90, is effective August 1, 2015. Laws 2014, chapter 157, article 1, section 92.
Official Publication of the State of Minnesota
Revisor of Statutes