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Corporations | |
Uniform Limited Cooperative Association Act | |
Section 504 | No liability as member for association's obligations. |
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16-16-504. 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.
Enacted by Chapter 363, 2008 General Session |
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