17-7688.   Liability to third parties.(a) Except as otherwise provided by this act, the debts,obligations and liabilitiesof 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 ormanager of a limitedliability company shall be obligated personally for any such debt, obligationor liability of the limited liability company solely by reason of being amember or acting as a manager of the limitedliability company.

      (b)   Notwithstanding the provisions of subsection (a) of this section, underan operatingagreement or under another agreement, a member or manager may agree to beobligated personallyfor any or all of the debts, obligations and liabilities of the limitedliability company.

      (c)   A member or manager of a limited liability company is not a proper partyto proceedingsby or against a limited liability company, except when the object is to enforcea member's ormanager's right against, or liability to, the limited liability company.

      History:   L. 1999, ch. 119, § 27; Jan. 1, 2000.