Sec. 5. A member of a limited liability company may not be made a party to a proceeding by or against a limited liability company solely by reason of being a member of the limited liability company, except:
(1) when the object of the proceeding is to enforce a member's right against or liability to the limited liability company; or
(2) in an action brought under IC 23-18-8-1.
As added by P.L.8-1993, SEC.301.
Structure Indiana Code
Title 23. Business and Other Associations
Article 18. Limited Liability Companies
Chapter 3. Relations of Members and Managers to Persons Dealing With a Limited Liability Company
23-18-3-1. Members and Managers as Agents; Companies Existing on or Before June 30, 1999
23-18-3-1.1. Members and Managers as Agents; Companies Formed After June 30, 1999
23-18-3-2. Notice to Member or Manager Imputed to Company; Exceptions
23-18-3-2.6. Intent; Validity of Operating Agreements and Acts Before July 1, 2014
23-18-3-3. Personal Liability of Members, Managers, Agents, or Employees