Montana § 35-8-811 Dissociated Member's Power To Bind Limited Liability Company

Montana Statutes

§ 35-8-811 — Dissociated Member's Power To Bind Limited Liability Company

Montana § 35-8-811

Title 35CORPORATIONS, PARTNERSHIPS, AND ASSOCIATIONS

Ch. 8MONTANA LIMITED LIABILITY COMPANY ACT

Part 8Admission and Withdrawal of Members

This text of Montana § 35-8-811 (Dissociated Member's Power To Bind Limited Liability Company) is published on Counsel Stack Legal Research, covering Montana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Mont. Code Ann. § 35-8-811 (2026).

Text

35-8-811 . Dissociated member's power to bind limited liability company. For 2 years after a member dissociates without the dissociation resulting in a dissolution and winding up of a limited liability company's business, the company, including a surviving company under part 12 of this chapter, is bound by an act of the dissociated member that would have bound the company under 35-8-301 before dissociation only if at the time of entering into the transaction the other party:

(1)reasonably believed that the dissociated member was then a member;

(2)did not have notice of the member's dissociation; and

(3)is not considered to have had notice under 35-8-812 .

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35-8-811 . Dissociated member's power to bind limited liability company. For 2 years after a member dissociates without the dissociation resulting in a dissolution and winding up of a limited liability company's business, the company, including a surviving company under part 12 of this chapter, is bound by an act of the dissociated member that would have bound the company under 35-8-301 before dissociation only if at the time of entering into the transaction the other party:
(1) reasonably believed that the dissociated member was then a member;
(2) did not have notice of the member's dissociation; and
(3) is not considered to have had notice under 35-8-812 .