Limited liability company members (owners)are responsible for the liabilities of their limited liability company.

Name: Limited liability company members (owners)are responsible for the liabilities of their limited liability company.
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Limited liability company members are not personally responsible for the liabilities of their limited liability company, hence the name "limited liability." Their liability is limited to the amount of their investment in the company.

Limited Liability Company Members (Owners)are Responsible for the Liabilities of Their