17-29-301. No agency power of member as member. (a) A member is not an agent of a limited liability company solely by reason of being a member. (b) 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 […]
17-29-302. Statement of authority. (a) A limited liability company may deliver to the secretary of state for filing a statement of authority. The statement: (i) Shall include the name of the company and the street and mailing addresses of its designated office; (ii) With respect to any position that exists in or with respect to […]
17-29-303. Statement of denial. (a) A person named in a filed statement of authority granting that person authority may deliver to the secretary of state for filing a statement of denial that: (i) Provides the name of the limited liability company and the caption of the statement of authority to which the statement of denial […]
17-29-304. Liability of members and managers. (a) The debts, obligations or other liabilities of a limited liability company, whether arising in contract, tort or otherwise: (i) Are solely the debts, obligations or other liabilities of the company; and (ii) Do not become the debts, obligations or other liabilities of a member or manager solely by […]
