Limited Liability of Member. (a) The Member shall not be personally obligated to any third party for any debt, obligation or liability of the Company solely by reason of being a member. (b) The Member shall be liable for its conduct in its individual capacity as provided by law.
Appears in 4 contracts
Samples: Operating Agreement (Roanoke Electric Steel Corp), Operating Agreement (Jackson Iron & Metal Co., Inc.), Operating Agreement (Roanoke Electric Steel Corp)