275.155 Proper parties to proceedings.

KY Rev Stat § 275.155 (2019) (N/A)
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275.155 Proper parties to proceedings. A member of a limited liability company shall not be a proper party to a proceeding by or against a limited liability company, solely by reason of being a member of the limited liability company, except if the object of the proceeding is to enforce a member's right against or liability to the limited liability company or as otherwise provided in an operating agreement. Effective: July 15, 1994 History: Created 1994 Ky. Acts ch. 389, sec. 31, effective July 15, 1994.