A member of a corporation is not, as such, personally liable for the acts, debts, liabilities, or obligations of the corporation.
N.C. Gen. Stat. § 55A-6-22
Member's liability to third parties
Applied in 1 court decision — leading case Warrender v. Gull Harbor Yacht Club, Inc. (2013)
Most recently applied in Warrender v. Gull Harbor Yacht Club, Inc. (August 2013)
1993, c. 398, s. 1.
Official source: North Carolina General Assembly. Reproduced from public-domain North Carolina statutes; confirm against the official source for the current text. Not legal advice.