Rhode Island General Laws 7-16-70. Parties to actions
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A member of a limited-liability company is not a proper party to proceedings by or against a limited-liability company, except for an action brought under § 7-16-56 and except where the object is to enforce a member’s right against or liability to the limited-liability company.
History of Section.
P.L. 1992, ch. 280, § 1.
Terms Used In Rhode Island General Laws 7-16-70
- Member: means a person with an ownership interest in a limited-liability company with the rights and obligations specified under this chapter. See Rhode Island General Laws 7-16-2