Limited Liability Company Liable for Member’s or Manager’s Actionable Conduct. 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. Source: PL 14-11, § 2 (302). Commission Comment: See the comment to 4 CMC § 4801 regarding PL 14-11.
Limited Liability Company Liable for Member's or Manager's Actionable Conduct
4 CMC § 4842, under Relations of Members and Managers to Persons Dealing With Limited Liability Company.
4 CMC § 4842