18 Guam Code Ann. § 15118
Current as of: 2023 | Check for updates
|
Other versions
Terms Used In 18 Guam Code Ann. § 15118
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
Neither the members of a limited liability company nor the managers of a limited liability company managed by a manager
or managers are liable under a judgment, decree, or order of a court, or in any other manner, for a debt, obligation, or liability of the limited liability company. If members or managers are professionals who will organize their business or service as a limited liability company, they will still remain liable for their professional performance.
or managers are liable under a judgment, decree, or order of a court, or in any other manner, for a debt, obligation, or liability of the limited liability company. If members or managers are professionals who will organize their business or service as a limited liability company, they will still remain liable for their professional performance.