Arkansas § 4-32-304 - Liability of members to third parties.
Full text of Arkansas Arkansas Code of 1987 Annotated § 4-32-304 — Liability of members to third parties., with citation guidance and answers to common questions.
§ 4-32-304. Liability of members to third parties.
Except for the personal liability for acts or omissions of those providing professional service as set forth in § 4-32-308 , a person who is a member, manager, agent, or employee of a limited liability company is not liable for a debt, obligation, or liability of the limited liability company, whether arising in contract, tort, or otherwise or for the acts or omissions of any other member, manager, agent, or employee of the limited liability company.
Source: official Arkansas text · Last verified 2026-08-27
Frequently Asked Questions About Arkansas § 4-32-304
What does Arkansas Code of 1987 Annotated § 4-32-304 cover?
Section 4-32-304 ("Liability of members to third parties.") is part of the Arkansas Code of 1987 Annotated, the codified statutory law of Arkansas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Arkansas § 4-32-304?
A common citation format is "Arkansas Code of 1987 Annotated § 4-32-304" (Arkansas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Arkansas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Arkansas official source linked on this page or consult a licensed Arkansas attorney.
How does Arkansas § 4-32-304 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Arkansas can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Arkansas.