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§ 489.301 — Iowa Law | CourtGPT
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  5. Chapter 489 - Uniform Limited Liability Company Act/
  6. § 489.301
Iowa Legal Code

§ 489.301

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489.301 No agency power of member as member. 1. A member is not an agent of a limited liability company solely by reason of being a member. 2. A person’s status as a member does not prevent or restrict law other than this chapter from imposing liability on a limited liability company because of the person’s conduct. 2008 Acts, ch 1162, §27, 155