Arkansas Statutes

§ 4-38-301 — No agency power of member as member

Arkansas § 4-38-301

This text of Arkansas § 4-38-301 (No agency power of member as member) is published on Counsel Stack Legal Research, covering Arkansas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Ark. Code Ann. § 4-38-301 (2026).

Text

(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 person's conduct.

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Legislative History

Added by Act 2021, No. 1041,§ 26, eff. 7/28/2021.

Nearby Sections

15
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Bluebook (online)
Arkansas § 4-38-301, Counsel Stack Legal Research, https://law.counselstack.com/statute/ar/4-38-301.