Exemption of members from liability for debts of corporation - 15 Pa. Cons. Stat. § 7323
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Pennsylvania Statutes
§ 7323. Exemption of members from liability for debts of
corporation.
A member shall not be liable for the debts of an electric
cooperative corporation to an amount exceeding the sums
remaining unpaid on his membership fee, but nothing in this
chapter shall be construed to relieve any member from the
payment of any debt due by him to the corporation.
Section: 7304 7305 7306 7307 7308 7321 7322 7323 7324 7325 7326 7327 7328 7329 7330
Last modified: November 27, 2007
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