42:2B-23 - Debts, obligations, liabilities - New-jersey Statutes

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Statutes > New-jersey > Title-42 > Section-42-2b > 42-2b-23

42:2B-23.    Debts, obligations, liabilities
    23. Except as otherwise provided by this act, 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 no member, manager, employee or agent of a limited liability company shall be obligated personally for any such debt, obligation or liability of the limited liability company, or for any debt, obligation or liability of any other member, manager, employee or agent of the limited liability company, by reason of being a member, or acting as a manager, employee or agent of the limited liability company.

   L.1993,c.210,s.23.

State Codes and Statutes

Statutes > New-jersey > Title-42 > Section-42-2b > 42-2b-23

42:2B-23.    Debts, obligations, liabilities
    23. Except as otherwise provided by this act, 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 no member, manager, employee or agent of a limited liability company shall be obligated personally for any such debt, obligation or liability of the limited liability company, or for any debt, obligation or liability of any other member, manager, employee or agent of the limited liability company, by reason of being a member, or acting as a manager, employee or agent of the limited liability company.

   L.1993,c.210,s.23.

State Codes and Statutes

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State Codes and Statutes

Statutes > New-jersey > Title-42 > Section-42-2b > 42-2b-23

42:2B-23.    Debts, obligations, liabilities
    23. Except as otherwise provided by this act, 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 no member, manager, employee or agent of a limited liability company shall be obligated personally for any such debt, obligation or liability of the limited liability company, or for any debt, obligation or liability of any other member, manager, employee or agent of the limited liability company, by reason of being a member, or acting as a manager, employee or agent of the limited liability company.

   L.1993,c.210,s.23.