Statutes > Rhode Island Statutes > Title 7 - Corporations, Associations and Partnerships > CHAPTER 7-16 - The Rhode Island Limited Liability Company Act > § 7-16-23 - Liability of members and managers.

§ 7-16-23 - Liability of members and managers.

SECTION 7-16-23

   § 7-16-23  Liability of members andmanagers. – A member or manager of a limited liability company is not liable for theobligations of the limited liability company solely by reason of being a memberor manager.