Vermont Code § 11 V.S.A. § 4042

§ 4042. Liability of members and managers
(a) The debts, obligations, or other liabilities of a limited liability company, whether
arising in contract, tort, or otherwise:
(1) are solely the debts, obligations, or other liabilities of the company; and
(2) do not become the debts, obligations, or other liabilities of a member or manager
solely by reason of the member acting as a member or the manager acting as a manager.
(b) The failure of a limited liability company to observe any particular formalities relating
to the exercise of its power or management of its activities is not a ground for imposing
liability on a member or manager for the debts, obligations, or other liabilities
of the company.

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