Ala. Code § 10A-3A-6.12

Current through the 2024 Regular Session.

Section 10A-3A-6.12 - Member's liability to third parties

A member of a nonprofit corporation is not personally liable for any liabilities of the nonprofit corporation (including liabilities arising from acts of the nonprofit corporation).

Ala. Code § 10A-3A-6.12 (1975)

Added by Act 2023-503,§ 1, eff. 1/1/2024.