Indiana Statutes
§ 23-18.1-4-5 — Agreement by member or manager to be obligated for debts, obligations, and liabilities
Indiana § 23-18.1-4-5
JurisdictionIndiana
Title 23BUSINESS AND OTHER ASSOCIATIONS
Art. 18.1SERIES LIMITED LIABILITY COMPANIES
Ch. 4Formation
This text of Indiana § 23-18.1-4-5 (Agreement by member or manager to be obligated for debts, obligations, and liabilities) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Ind. Code § 23-18.1-4-5 (2026).
Text
In an operating agreement for a master
limited liability company or in another written agreement, a member or
manager may agree to be obligated personally for any or all of the
debts, obligations, and liabilities of one (1) or more series.
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Legislative History
As added by P.L.170-2016, SEC.19.
Nearby Sections
15
§ 23-0.5-1-1
Short title§ 23-0.5-1-2
Application§ 23-0.5-1-3
Application; exceptions§ 23-0.5-1-4
Delivery of record§ 23-0.5-1-5
Rules and procedures§ 23-0.5-1-6
Terms dependent on facts ascertainable outside the plan or filed
document; articles of amendment§ 23-0.5-1.5-1
Application of definitions§ 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"Cite This Page — Counsel Stack
Bluebook (online)
Indiana § 23-18.1-4-5, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/23-18.1-4-5.