Washington Code 25.15.036 – Business transactions of member or manager with the limited liability company
Current as of: 2023 | Check for updates
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A member or manager may lend money to and transact other business with a limited liability company and, subject to other applicable law, has the same rights and obligations with respect to the loan or other transaction as a person who is not a member or manager.
[ 2015 c 188 § 10.]
Terms Used In Washington Code 25.15.036
- person: may be construed to include the United States, this state, or any state or territory, or any public or private corporation or limited liability company, as well as an individual. See Washington Code 1.16.080