The Vermont Statutes Online
The Statutes below include the actions of the 2025 session of the General Assembly.
NOTE: The Vermont Statutes Online is an unofficial copy of the Vermont Statutes Annotated that is provided as a convenience.
Subchapter
003
:
RELATIONS OF MEMBERS AND MANAGERS TO PERSONS DEALING WITH LIMITED LIABILITY COMPANY
(Cite as: 11 V.S.A. § 4041)
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§ 4041. No agency power of member as member
(a) A member is not an agent of a limited liability company solely by reason of being
a member.
(b) A person’s status as a member does not prevent or restrict law other than this title
from imposing liability on a limited liability company because of the person’s conduct. (Added 2015, No. 17, § 2.)