Arkansas Code
Subchapter 3 - Relations of Members and Managers to Persons Dealing with the Limited Liability Company
§ 4-32-309. Liability of limited liability company to third parties

Notwithstanding the limitations on liability contained in this subchapter for members and managers, a limited liability company shall be liable to third parties for its valid obligations.

Structure Arkansas Code

Title 4 - Business and Commercial Law

Subtitle 3 - Corporations and Associations

Chapter 32 - Small Business Entity Tax Pass Through Act

Subchapter 3 - Relations of Members and Managers to Persons Dealing with the Limited Liability Company

§ 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

§ 4-32-306. Limited liability company may render professional service — Nonprofessional employees and agents — Members and managers need not be employees, etc

§ 4-32-307. Limited liability company may qualify as executor or administrator, or in other fiduciary capacity

§ 4-32-308. Professional relationship — Personal liability

§ 4-32-309. Liability of limited liability company to third parties