Pennsylvania Statutes

§ 8834 — Liability of members and managers

Pennsylvania § 8834
JurisdictionPennsylvania
Title 15CORPORATIONS AND UNINCORPORATED ASSOCIATIONS
PartPART III
Ch. 88LIMITED LIABILITY COMPANIES
Subch.RELATIONS OF MEMBERS AND MANAGERS

This text of Pennsylvania § 8834 (Liability of members and managers) is published on Counsel Stack Legal Research, covering Pennsylvania primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
15 Pa. Cons. Stat. § 8834 (2026).

Text

(a)General rule.--A debt, obligation or other liability of a limited liability company is solely the debt, obligation or other liability of the company. A member or manager is not personally liable, directly or indirectly, by way of contribution or otherwise, for a debt, obligation or other liability of the company solely by reason of being or acting as a member or manager. This subsection applies regardless of:
(1)whether the company has a single member or multiple members; and
(2)the dissolution, winding up or termination of the company.
(b)Professional relationship unaffected.--Subsection (a) shall not afford members of a professional company with greater immunity than is available to the officers, shareholders, employees or agents of a professional corporation. See section 2925

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Legislative History

Cross References.Section 8834 is referred to in section 8872 of this title.

Nearby Sections

15
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Bluebook (online)
Pennsylvania § 8834, Counsel Stack Legal Research, https://law.counselstack.com/statute/pa/8834.