§ 8106 — Failure to observe formalities

The failure of a limited liability partnership, limited partnership, limited liability limited partnership, electing partnership or limited liability company to observe formalities relating to the exercise of its powers or management of its activities and affairs is not a ground for imposing liability on a partner, member or manager of the entity for a debt, obligation or other liability of the entity.

Legislative History

(Nov. 21, 2016, P.L.1328, No.170, eff. 90 days) 2016 Amendment.Act 170 added section 8106.