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§ 29-803-01 — District of Columbia Law | CourtGPT
  1. Home/
  2. Laws/
  3. District of Columbia/
  4. Title 29 - Business Organizations. [Enacted Title]/
  5. Chapter 8 - Limited Liability Companiessub/
  6. Subchapter III - Relations of Members and Managers to Persons Dealing with Limited Liability Company§ 29–803.01. No Agency Power of Member As Member/
  7. § 29-803-01
District of Columbia Legal Code

§ 29-803-01

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01. No agency power of member as member. (a) A member shall not be an agent of a limited liability company solely by reason of being a member. (b) A person’s status as a member shall not prevent or restrict law other than this chapter from imposing liability on a limited liability company because of the person’s conduct. (July 2, 2011, D.C. Law 18-378, § 2, 58 DCR 1720.) Editor's Notes Uniform Law: This section is based on § 301 of the Uniform Limited Company Act (2006 Act).