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§ 42-2c-27 — New Jersey Law | CourtGPT
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New Jersey Legal Code

§ 42-2c-27

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42:2C-27 No agency power of member as member. 27. No Agency Power of Member as Member. a. A member is not an agent of a limited liability company solely by reason of being a member. b. A person's status as a member does not prevent or restrict law other than this act from imposing liability on a limited liability company because of the person's conduct. L.2012, c.50, s.27.