Minnesota LegislatureOffice of the Revisor of Statutes
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.
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