Indiana Statutes

§ 23-18-3-5 — Member as party to proceeding

Indiana·Title 23 BUSINESS AND OTHER ASSOCIATIONS·Art. 18 LIMITED LIABILITY COMPANIES·Ch. 3 Relations of Members and Managers to Persons Dealing

A member of a limited liability company may not be made a party to a proceeding by or against a limited liability company solely by reason of being a member of the limited liability company, except:

(1)when the object of the proceeding is to enforce a member's right against or liability to the limited liability company; or
(2)in an action brought under IC 23-18-8-1.

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Related

Young v. Lake County Treasurer
(N.D. Indiana, 2023)

Legislative History

As added by P.L.8-1993, SEC.301.

Nearby Sections

15
§ 23-0.5-1-1
Short title
§ 23-0.5-1-2
Application
§ 23-0.5-1-4
Delivery of record
§ 23-0.5-1.5-10
"Filed record"
§ 23-0.5-1.5-11
"Filing entity"
§ 23-0.5-1.5-12
"Foreign"
§ 23-0.5-1.5-13
"General partnership"
§ 23-0.5-1.5-14
"Governance interest"
§ 23-0.5-1.5-15
"Governing person"
§ 23-0.5-1.5-16
"Interest"
§ 23-0.5-1.5-17
"Interest holder"
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