Managers of LLCs (limited liability companies) are not personally liable for the debts, obligations, and liabilities of the LLC they manage.

Question

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This is one of the main benefits of structuring a business as an LLC. The owners, also known as "members," have limited personal liability for the company's debts and obligations, which means their personal assets are not at risk if the company is sued or cannot pay its debts.

Managers of LLCs (Limited Liability Companies) Are Not Personally Liable