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Arizona Arizona Revised Statutes

§ 10-2061 — Nonliability of members for cooperative indebtedness

ARS § 10-2061Title 10. Corporations and Associations · Ch. 19. NOT FOR PROFIT CORPORATIONS AND ASSOCIATIONS, COOPERATIVES AND FRATERNAL AND BENEVOLENT SOCIETIES · Art. 2. Electric Cooperative Nonprofit Membership Corporations

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10-2061. Nonliability of members for cooperative indebtedness A member shall not be liable or responsible for the acts, debts, liabilities or obligations of the cooperative and the property of the members shall not be subject to execution therefor.

Source: Arizona Arizona Revised Statutes § 10-2061 from the Arizona Revised Statutes (Arizona State Legislature) (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.