Idaho Statutes

§ 30-25-301 — NO AGENCY POWER OF MEMBER AS MEMBER

Idaho·Title 30 CORPORATIONS·Part 3 RELATIONS OF MEMBERS AND MANAGERS TO PERSONS DEALING WITH LIMITED LIABILITY COMPANY·Ch. 25 LIMITED LIABILITY COMPANIES
(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

[30-25-301, added 2015, ch. 243, sec. 45, p. 878.]

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