Alaska Statutes Sec. 10.15.090 - Limitation of Liability of Members

Except for a debt lawfully contracted between a member and the cooperative, a member is not liable for the debts of the cooperative in an amount exceeding the sum remaining unpaid on the member's subscription for shares of the cooperative, and the sum remaining unpaid on the member's membership fee if a fee is required by the cooperative.

Section: Previous  10.15.055  10.15.060  10.15.065  10.15.070  10.15.075  10.15.080  10.15.085  10.15.090  10.15.095  10.15.100  10.15.105  10.15.110  10.15.115  10.15.120  10.15.125  Next

Last modified: November 15, 2016