(a) Except as provided in subsection (b) of this section, an admission or representation made by any member concerning the business or affairs of a limited liability company within the scope of his or her authority as provided for by this chapter is evidence against the limited liability company.
(b) If the articles of organization provide that management of the limited liability company is vested in a manager or managers:
(1) An admission or representation made by a manager concerning the business or affairs of a limited liability company within the scope of the manager's authority as provided for by this chapter is evidence against the limited liability company; and
(2) The admission or representation of any member, acting solely in the capacity of a member, shall not constitute evidence against the limited liability company.
Structure Arkansas Code
Title 4 - Business and Commercial Law
Subtitle 3 - Corporations and Associations
Chapter 32 - Small Business Entity Tax Pass Through Act
§ 4-32-301. Agency power of members and managers
§ 4-32-302. Admissions by members and managers
§ 4-32-303. Limited liability company charged with knowledge of or notice to member or manager
§ 4-32-304. Liability of members to third parties
§ 4-32-305. Parties to actions
§ 4-32-308. Professional relationship — Personal liability
§ 4-32-309. Liability of limited liability company to third parties