The lack of authority of a member or manager to sue on behalf of the limited liability company may not be asserted as a defense to an action by the limited liability company or by the limited liability company as a basis for bringing a subsequent suit on the same cause of action.
Structure Arkansas Code
Title 4 - Business and Commercial Law
Subtitle 3 - Corporations and Associations
Chapter 32 - Small Business Entity Tax Pass Through Act
Subchapter 11 - Suits by and Against the Limited Liability Company
§ 4-32-1101. Suits by and against the limited liability company
§ 4-32-1102. Authority to sue on behalf of limited liability company