(805 ILCS 180/10-10)
Liability of members and managers.
(a) Except as otherwise provided in subsection (d) of this Section, the
obligations, and liabilities of a limited liability company, whether arising in contract,
tort, or otherwise, are solely the debts, obligations, and liabilities of the
company. A member or manager is not personally liable
for a debt, obligation, or liability of the company solely
by reason of being or acting as a member or manager.
(c) The failure of a limited liability company to observe the usual
company formalities or requirements relating to the exercise of its company
or management of its business is not a ground for imposing personal liability
on the members or managers for liabilities of the company.
(d) All or specified members of a limited liability company are liable in
their capacity as members for all or specified debts, obligations, or
liabilities of the company if:
(1) a provision to that effect is contained in the