A member of a limited liability company is not a proper party to a proceeding by or against a limited liability company, by reason of being a member of the limited liability company, except where the object of the proceeding is to enforce a member's right against or liability to the limited liability company or as otherwise provided in an operating agreement.
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