Subchapter 3: RELATIONS OF MEMBERS AND MANAGERS TO PERSONS DEALING WITH A LIMITED LIABILITY COMPANY
§646. Parties to actions
(CONTAINS TEXT WITH VARYING EFFECTIVE DATES)
(WHOLE SECTION TEXT EFFECTIVE UNTIL 7/1/11)
A member of a limited liability company is not a proper party to a proceeding by or against that limited liability company, solely by reason of being a member of that limited liability company, except: [1993, c. 718, Pt. A, §1 (NEW).]
1. Member's right or liability. If the object of the proceeding is to enforce a member's right against or liability to that limited liability company; or
[ 1993, c. 718, Pt. A, §1 (NEW) .]
2. Derivative action. In a derivative action brought pursuant to section 732.
[ 1993, c. 718, Pt. A, §1 (NEW) .]
SECTION HISTORY
1993, c. 718, §A1 (NEW). 2009, c. 629, Pt. A, §1 (RP). 2009, c. 629, Pt. A, §3 (AFF).
Subchapter 3: RELATIONS OF MEMBERS AND MANAGERS TO PERSONS DEALING WITH A LIMITED LIABILITY COMPANY
§646. Parties to actions
(CONTAINS TEXT WITH VARYING EFFECTIVE DATES)
(WHOLE SECTION TEXT EFFECTIVE UNTIL 7/1/11)
A member of a limited liability company is not a proper party to a proceeding by or against that limited liability company, solely by reason of being a member of that limited liability company, except: [1993, c. 718, Pt. A, §1 (NEW).]
1. Member's right or liability. If the object of the proceeding is to enforce a member's right against or liability to that limited liability company; or
[ 1993, c. 718, Pt. A, §1 (NEW) .]
2. Derivative action. In a derivative action brought pursuant to section 732.
[ 1993, c. 718, Pt. A, §1 (NEW) .]
SECTION HISTORY
1993, c. 718, §A1 (NEW). 2009, c. 629, Pt. A, §1 (RP). 2009, c. 629, Pt. A, §3 (AFF).
Subchapter 3: RELATIONS OF MEMBERS AND MANAGERS TO PERSONS DEALING WITH A LIMITED LIABILITY COMPANY
§646. Parties to actions
(CONTAINS TEXT WITH VARYING EFFECTIVE DATES)
(WHOLE SECTION TEXT EFFECTIVE UNTIL 7/1/11)
A member of a limited liability company is not a proper party to a proceeding by or against that limited liability company, solely by reason of being a member of that limited liability company, except: [1993, c. 718, Pt. A, §1 (NEW).]
1. Member's right or liability. If the object of the proceeding is to enforce a member's right against or liability to that limited liability company; or
[ 1993, c. 718, Pt. A, §1 (NEW) .]
2. Derivative action. In a derivative action brought pursuant to section 732.
[ 1993, c. 718, Pt. A, §1 (NEW) .]
SECTION HISTORY
1993, c. 718, §A1 (NEW). 2009, c. 629, Pt. A, §1 (RP). 2009, c. 629, Pt. A, §3 (AFF).
