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South Dakota Laws 47-34A-302 - Limited liability company liable for member's or manager's actionable conduct

South Dakota Laws > Title 47 > Chapter 34A > § 47-34A-302 - Limited liability company liable for member's or manager's actionable conduct


Current as of: 2010

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 authority of the company.

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See also:

South Dakota Laws > Title 47 > Chapter 34A - Uniform Limited Liability Company Act

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