Determination of lack of authority to sue; prohibited assertions

Ind. Code § 23-18-8-2
in effect
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Sec. 2. A determination that a member or manager does not have authority to sue on behalf of the limited liability company under section 1 of this chapter may not be asserted for the following: (1) As a defense to an action brought by the limited liability company. (2) As a basis for the limited liability company to bring a subsequent suit on the same cause of action. As added by P.L.8-1993, SEC.301.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://iga.in.gov/laws/2026/ic/titles/23Fetched: 10/17/2026

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