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

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

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.