Member’s liability to third parties

  1. Law
  2. District of Columbia Code
  3. Business Organizations. [Enacted title]
  4. Nonprofit Corporations
  5. Memberships and Financial Provisions
  6. Rights and Obligations of Members
  7. Member’s liability to third parties

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A member of a membership corporation shall not be as such, personally liable for the acts, debts, liabilities, or obligations of the corporation.

(July 2, 2011, D.C. Law 18-378, § 2, 58 DCR 1720.)

Section References

This section is referenced in § 29-404.14 and § 29-809.09.


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