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Section 23-17-233 - Nonliability of members and shareholders for debts of cooperatives — Arkansas Law | CourtGPT
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  8. Section 23-17-233 - Nonliability of members and shareholders for debts of cooperatives
Arkansas Legal Code

Section 23-17-233 - Nonliability of members and shareholders for debts of cooperatives

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No member or shareholder shall be liable or responsible for any debts of the cooperative, and the property of the members and shareholders shall not be subject to execution therefor.Acts 1951, No. 51, § 34; A.S.A. 1947, § 77-1634.

No member or shareholder shall be liable or responsible for any debts of the cooperative, and the property of the members and shareholders shall not be subject to execution therefor.Acts 1951, No. 51, § 34; A.S.A. 1947, § 77-1634.