1. MCA Contents
  2. TITLE 35
  3. CHAPTER 8
  4. Part 3
  5. 35-8-306 Limited liability company liability for member's or manager's conduct

Montana Code Annotated 2017

TITLE 35. CORPORATIONS, PARTNERSHIPS, AND ASSOCIATIONS

CHAPTER 8. MONTANA LIMITED LIABILITY COMPANY ACT

Part 3. Relations of Members and Managers to Persons Dealing With Limited Liability Company

Limited Liability Company Liability For Member's Or Manager's Conduct

35-8-306. Limited liability company liability for member's or manager's conduct. A limited liability company is liable for loss or injury caused to a person, or for a penalty incurred, as a result of a wrongful act or omission or other actionable conduct of a member or manager acting in the ordinary course of business of the company or with the authority of the company.

History: En. Sec. 15, Ch. 302, L. 1999.