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Arkansas Code Title 4. Business and Commercial Law § 4-28-608. Liability

Current as of March 28, 2024 | Updated by Findlaw Staff

(a) A debt, obligation, or other liability of an unincorporated nonprofit association, whether arising in contract, tort, or otherwise:

(1) is solely the debt, obligation, or other liability of the association; and

(2) does not become a debt, obligation, or other liability of a member or manager solely because the member acts as a member or the manager acts as a manager.

(b) A person's status as a member or manager does not prevent or restrict law other than this subchapter from imposing liability on the person or the association because of the person's conduct.

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Cite this article: FindLaw.com - Arkansas Code Title 4. Business and Commercial Law § 4-28-608. Liability - last updated March 28, 2024 | https://codes.findlaw.com/ar/title-4-business-and-commercial-law/ar-code-sect-4-28-608/

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