Section 7-58-504 - No liability as member for association's obligations

Unless the articles otherwise provide, a debt, obligation, or other liability of a limited cooperative association is solely that of the association and is not the debt, obligation, or liability of a member solely by reason of being a member.L. 2011: Entire article added, (SB 11 -191), ch. 197, p. 779, § 1, effective 4/2/2012.