No agency power of member as member

Wis. Stat. § 183.0301, under RELATIONS OF MEMBERS ANDMANAGERS TO PERSONS DEALINGWITH LIMITED LIABILITY COMPANY.

Wis. Stat. § 183.0301

183.0301 No agency power of member as member. (1) A member is not an agent of a limited liability company solely by reason of being a member. (2) A person’s status as a member does not prevent or restrict law other than this chapter from imposing liability on a limited liability company because of the person’s conduct. History: 2021 a. 258.