A person may not bind a limited liability company except:

1. 1. Under or pursuant to agreement To the extent the person is authorized to act as the limited liability company's agent under or pursuant to the limited liability company agreement;

   [PL 2009, c. 629, Pt. A, §2 (NEW); PL 2009, c. 629, Pt. A, §3 (AFF).]

2. 2. By members To the extent the person is authorized by the members to act as the limited liability company's agent pursuant to section 1556;

   [PL 2009, c. 629, Pt. A, §2 (NEW); PL 2009, c. 629, Pt. A, §3 (AFF).]

3. 3. Pursuant to statement of authority To the extent provided in section 1542;

   [PL 2009, c. 629, Pt. A, §2 (NEW); PL 2009, c. 629, Pt. A, §3 (AFF).]

4. 4. No statement of authority If there is no statement of authority in effect, any manager, member, president or treasurer of a limited liability company has the authority to bind the limited liability company; or

   [PL 2009, c. 629, Pt. A, §2 (NEW); PL 2009, c. 629, Pt. A, §3 (AFF).]

5. 5. As provided by law To the extent otherwise provided by law.

   [PL 2009, c. 629, Pt. A, §2 (NEW); PL 2009, c. 629, Pt. A, §3 (AFF).]

PL 2009, c. 629, Pt. A, §2 (NEW). PL 2009, c. 629, Pt. A, §3 (AFF).