Agreement by member or manager to be obligated for debts, obligations, and liabilities

Ind. Code § 23-18.1-4-5
in effect
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Sec. 5. In an operating agreement for a master limited liability company or in another written agreement, a member or manager may agree to be obligated personally for any or all of the debts, obligations, and liabilities of one (1) or more series. As added by P.L.170-2016, SEC.19.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://iga.in.gov/laws/2026/ic/titles/23Fetched: 10/17/2026

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