HRS § 428-703 - Dissociated member's power to bind the limited liability company — United States — Hawaii law | Esheria

HRS § 428-703 - Dissociated member's power to bind the limited liability company

A limited liability company can be bound by a dissociated member’s act for two years after dissociation only if the company is not being dissolved and wound up, and the other party reasonably thought the person was still a member and had no notice of the dissociation.

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Jurisdiction
United States — Hawaii
Instrument
Act or statute
Version
Undated source snapshot
Language
en
Updated
Official source
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authority to bind dissociated member limited liability companies

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