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Minn. Stat. § 322C.0301

NO AGENCY POWER OF MEMBER AS MEMBER.

Known as the Minnesota Revised Uniform Limited Liability Company Act

The act spans §§ 322C.0101 to 322C.1205 (92 sections).

2014 c 157 art 1 s 26

Subdivision 1. No automatic agency.

A member is not an agent of a limited liability company solely by reason of being a member.

Subd. 2. Other law not affected.

A person's status as a member does not prevent or restrict law other than this chapter from imposing liability on a limited liability company because of the person's conduct.

Official source: Minnesota Office of the Revisor of Statutes. Reproduced from public-domain Minnesota statutes; confirm against the official source for the current text. Not legal advice.