§18-441-504. No liability as member for association’s obligations.
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/ok/title-18-corporations/18-441-504·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
NO LIABILITY AS MEMBER FOR ASSOCIATION’S OBLIGATIONS. Unless the articles of organization otherwise provide, a debt, obligation, or other liability of a limited cooperative association is solely that of the association and is not the debt, obligation, or liability of a member solely by reason of being a member. Added by Laws 2009, c. 68, § 43, eff. Jan. 1, 2010.