| Authority of State Law Over Limited Liability Companies.

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Effective: April 12, 2021

Latest Legislation: Senate Bill 276 - 133rd General Assembly

The law of this state governs all of the following:

(A) The organization and internal affairs of a limited liability company;

(B) The liability of a member as a member for the debts, obligations, or other liabilities of a limited liability company;

(C) The authority of the members and agents of a limited liability company;

(D) The availability of the assets of a limited liability company or series thereof for the obligations of the limited liability company or another series thereof.


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