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hi Im the key log girl Katie Leavitt arizona LLC attorney richard kikas asked lots of questions about forming and operating arizona LLCs and this video will answer a question about personal guarantees now heres the issue a client sent us a copy of a guarantee that ABC company asks each member of the limited liability company to sign yes if I sign the guarantee can ABC company come after my personal assets and if so why does it my LLC protect me from liability now heres the answer the general rule of Arizona law is that the members who are the owners of an Arizona limited liability company are not liable for the debts or obligations of the LLC there are exceptions to the general rule the biggest and most common exception of rise is when a member guarantees the debts or obligations of the LLC by guaranteeing the LLCs debts or obligations the member becomes liable under contract law to satisfy the LLCs debts and obligations that were guaranteed for example if the LLC borrows $10,000