490A.601 - LIABILITY TO THIRD PARTIES. - Iowa Statutes

490A.601 LIABILITY TO THIRD PARTIES. Except as otherwise provided by this chapter or as expressly provided in the articles of organization, no member or manager of a limited liability company is personally liable for the acts or debts of the limited liability company.          Section History: Recent Form 92 Acts, ch 1151, § 33 Referred to in § 421.26, 422.16, 490A.305