§18-438.25. Members and shareholders not liable for debts.
36 words·~1 min read·
/ok/title-18-corporations/18-438-25·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
No member or shareholder shall be liable or responsible for any debts of the cooperative and the property of the members and shareholders shall not be subject to execution therefor. Laws 1953, p. 493, § 25.