Statutes > Arkansas Statutes > Title 4 - Business and Commercial Law > Subtitle 3 - Corporations And Associations > Chapter 29 - Professional Corporations > Subchapter 1 - General Provisions > § 4-29-101 - Persons associated with professional corporations -- Limitations on personal liability.

§ 4-29-101 - Persons associated with professional corporations -- Limitations on personal liability.

4-29-101. Persons associated with professional corporations -- Limitations on personal liability.

(a) No person shall be personally liable for any obligation or liability of any shareholder, director, officer, agent, or employee of a professional corporation solely because the person is a shareholder, director, officer, agent, or employee of the professional corporation.

(b) In addition, no person shall be personally liable for any obligations or liabilities of a professional corporation solely because the person is a shareholder, director, officer, agent, or employee of the professional corporation.