Except for the personal liability for acts or omissions of those providing professional service as set forth in § 4-32-308, a person who is a member, manager, agent, or employee of a limited liability company is not liable for a debt, obligation, or liability of the limited liability company, whether arising in contract, tort, or otherwise or for the acts or omissions of any other member, manager, agent, or employee of the limited liability company.
Ark. Code Ann. § 4-32-304
Liability of members to third parties
Known as the Small Business Entity Tax Pass Through Act
The act spans §§ 4–4 (91 sections).
Applied in 4 court decisions — leading case K.C. Properties of N.W. Arkansas, Inc. v. Lowell Investment Partners, LLC (2008)
Most recently applied in Myers v. Dewese (In re Dewese) (February 2012)
Acts 1993, No. 1003, § 304.
How often courts cite this section
Court decisions citing this, by year. The dip in the last several years is a data-coverage gap, not a real trend — our corpus holds fewer opinions from the most recent years, so recent citations are undercounted.
Current official text: Arkansas General Assembly. Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Arkansas statutes; confirm against the official source for the current text. Not legal advice.