This chapter does not alter any law applicable to the relationship between a person rendering professional services and a person receiving those services, including liability arising out of those professional services. This chapter does not alter any law with respect to disregarding legal entities. The failure of a limited liability company to observe formalities relating to the exercise of its powers or the management of its business and affairs is not a ground for imposing personal liability on a member, manager, agent, or employee of the limited liability company for liabilities of the limited liability company.
(Code 1981, §14-11-314, enacted by Ga. L. 1993, p. 123, § 1.)
Law reviews.- For annual survey on business associations, see 66 Mercer L. Rev. 15 (2014).
ARTICLE 4 FINANCE