48:24-10 Liability for, payment of debts.
46 words·~1 min read·
/nj/title-48/chapter-24/48-24-10A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
10. A member shall not be liable for the debts of a rural electric cooperative, but nothing in P.L.2017, c.297 (C.48:24-1 et al.) shall be construed to relieve any member from the payment of any debt due by the member to the cooperative.
L.2017, c.297, s.10.