Section 14.1. Applicability to Limited Liability Companies.--This act and regulations promulgated under this act shall apply to a limited liability company as follows:
(1) The board of managers of a limited liability company shall be treated in the same manner as the board of directors of a corporation.
(2) The members of a limited liability company shall be treated in the same manner as the shareholders of a corporation.
(3) No limited liability company that is a health maintenance organization shall be treated differently from a corporation that is a health maintenance organization with respect to any of its liabilities.
(14.1 added July 2, 2014, P.L.870, No.96)