N.H. Rev. Stat. Ann. § 304-C:23

Liability of Members and Managers to Third Parties

Applied in 1 court decision — leading case 60 F. Supp. 3d 331 - Schwartzco Enterprises LLC v. TMH Management, LLC (2014)

Most recently applied in 60 F. Supp. 3d 331 - Schwartzco Enterprises LLC v. TMH Management, LLC (November 2014)

Source. 2012, 232:2, eff

I. Except as provided in RSA 304-C:144, IV(b) and paragraph II:

(a) The debts, obligations, and liabilities of a limited liability company, whether arising in contract, tort, or otherwise, shall be solely the debts, obligations, and liabilities of the limited liability company; and

(b) No member or manager of a limited liability company shall be obligated personally for any such debt, obligation, or liability of the limited liability company solely by reason of being a member or acting as a manager of the limited liability company.

II. A member or manager may agree under an operating agreement or other agreement to be personally liable for any or all of the debts, obligations, and liabilities of the limited liability company.

Official source: New Hampshire General Court. Reproduced from public-domain New Hampshire statutes; confirm against the official source for the current text. Not legal advice.