Statutes > Arkansas Statutes > Title 4 - Business and Commercial Law > Subtitle 3 - Corporations And Associations > Chapter 32 - Small Business Entity Tax Pass Through Act > Subchapter 3 - Relations of Members and Managers to Persons Dealing with the Limited Liability Company > § 4-32-304 - Liability of members to third parties.

§ 4-32-304 - Liability of members to third parties.

4-32-304. Liability of members to third parties.

Except for the personal liability for acts or omissions of those providing professional service as set forth in 4-32-308, a person who is a member, manager, agent or employee of a limited liability company is not liable for a debt, obligation, or liability of the limited liability company, whether arising in contract, tort, or otherwise or for the acts or omissions of any other member, manager, agent, or employee of the limited liability company.