§ 9350
48 words·~1 min read·
/ca/corporations-code/9350A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(a)A member of a corporation is not, as such, personally liable for the debts, liabilities, or obligations of the corporation.
(b)No person is liable for any obligation arising from membership unless the person was admitted to membership upon the person’s application or with the person’s consent.