§ 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: Previous 7304 7305 7306 7307 7308 7321 7322 7323 7324 7325 7326 7327 7328 7329 7330 NextLast modified: October 8, 2016