Illinois Compiled Statutes 805 ILCS 180 Limited Liability Company Act. Section 13-10

    (805 ILCS 180/13-10)

    Sec. 13-10. Limited liability company liable for member or manager's actionable conduct. A limited liability company is liable for loss or injury caused to a person, or for a penalty incurred, as a result of a wrongful act or omission, or other actionable conduct, of a member or manager acting in the ordinary course of business of the company or with authority of the company.

(Source: P.A. 90-424, eff. 1-1-98.)

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Last modified: February 18, 2015