This chapter does not alter any law applicable to the relationship between a person rendering professional services and a person receiving those services, including liability arising out of those professional services. This chapter does not alter any law with respect to disregarding legal entities. The failure of a limited liability company to observe formalities relating to the exercise of its powers or the management of its business and affairs is not a ground for imposing personal liability on a member, manager, agent, or employee of the limited liability company for liabilities of the limited liability company.
Section: Previous 14-11-301 14-11-302 14-11-303 14-11-304 14-11-305 14-11-306 14-11-307 14-11-308 14-11-309 14-11-310 14-11-311 14-11-312 14-11-313 14-11-314Last modified: October 14, 2016