No agency power of member as member.
Iowa Code § 489.301
in effect489.301. No agency power of member as member.
1. A member is not an agent of a limited liability company solely by reason of being a member.
2. A person’s status as a member does not prevent or restrict law other than this chapter from imposing liability on a limited liability company because of the person’s conduct.
2008 Acts, ch 1162, §27, 155
Source: Iowa Legislature (legis.iowa.gov)URL: https://www.legis.iowa.gov/docs/code/2026/489.301.pdfFetched: 10/20/2026
