Sec. 5. In an operating agreement for a master limited liability company or in another written agreement, a member or manager may agree to be obligated personally for any or all of the debts, obligations, and liabilities of one (1) or more series.
Ind. Code § 23-18.1-4-5
Agreement by member or manager to be obligated for debts, obligations, and liabilities
As added by P.L.170-2016, SEC.19.
Official source: Indiana General Assembly. Reproduced from public-domain Indiana statutes; confirm against the official source for the current text. Not legal advice.