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Section 4-29-101 - Persons associated with professional corporations - Limitations on personal liability — Arkansas Law | CourtGPT
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  4. Title 4 - Business and Commercial Law (§§ 4-1-101 — 4-119-105)/
  5. Subtitle 3 - Corporations and Associations/
  6. Chapter 29 - Professional Corporations Sub/
  7. Subchapter 1 - General Provisions (§ 4-29-101)/
  8. Section 4-29-101 - Persons associated with professional corporations - Limitations on personal liability
Arkansas Legal Code

Section 4-29-101 - Persons associated with professional corporations - Limitations on personal liability

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(a) No person shall be personally liable for any obligation or liability of any shareholder, director, officer, agent, or employee of a professional corporation solely because the person is a shareholder, director, officer, agent, or employee of the professional corporation.(b) In addition, no person shall be personally liable for any obligations or liabilities of a professional corporation solely because the person is a shareholder, director, officer, agent, or employee of the professional corporation.Acts 1991, No. 1146, § 1.