A member of a limited liability company, solely by reason of being a member, is not a proper party to a proceeding by or against a limited liability company, except where (i) the object is to enforce a member’s right against or liability to the limited liability company or (ii) as provided in Article 8 (§ 13.1-1042 et seq.) of this chapter.

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Terms Used In Virginia Code 13.1-1020

  • Member: means a person that has been admitted to membership in a limited liability company as provided in § Virginia Code 13.1-1002

1991, c. 168; 2007, cc. 233, 639.