§ 13.1-1019. Liability to third parties
Except as otherwise provided by this Code or as expressly provided in the articles of organization, no member, manager, organizer or other agent of a limited liability company shall have any personal obligation for any liabilities of a limited liability company, whether such liabilities arise in contract, tort or otherwise, solely by reason of being a member, manager, organizer or agent of a limited liability company. For the purposes of this section, a person to whom the rights of a member or manager are delegated as provided in § 13.1-1022 or § 13.1-1024 shall be deemed an agent of a limited liability company.
(1991, c. 168; 2004, c. 601; 2006, c. 912.)
Sections: Previous 13.1-1013 13.1-1014 13.1-1014.1 13.1-1015 13.1-1016 13.1-1017 13.1-1018 13.1-1019 13.1-1020 13.1-1021 13.1-1021.1 13.1-1022 13.1-1023 13.1-1023.1 13.1-1024 NextLast modified: April 16, 2009