425.23 Nonliability of members for debts of cooperative.
34 words·~1 min read·
/fl/title-xxx/chapter-425/425-23A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The private property of the members of a cooperative shall be exempt from execution for the debts of the cooperative and no member shall be liable or responsible for any debts of the cooperative.