Limited liability company liability for member's or manager's conduct

  1. Law
  2. Montana Code Annotated
  3. Corporations, Partnerships, and Associations
  4. Montana Limited Liability Company Act
  5. Relations of Members and Managers to Persons Dealing With Limited Liability Company
  6. Limited liability company liability for member's or manager's conduct

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35-8-306. Limited liability company liability for member's or manager's conduct. A limited liability company is liable for loss or injury caused to a person, or for a penalty incurred, as a result of a wrongful act or omission or other actionable conduct of a member or manager acting in the ordinary course of business of the company or with the authority of the company.

History: En. Sec. 15, Ch. 302, L. 1999.


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