Liability of Members and Managers

Neither the members of a limited liability company nor the managers of a limited liability company managed by a manager COL6/24/2021 CH. 15 LIMITED LIABILITY COMPANIES or managers are liable under a judgment, decree, or order of a court, or in any other manner, for a debt, obligation, or liability of the limited liability company. If members or managers are professionals who will organize their business or service as a limited liability company, they will still remain liable for their professional performance.