Neb. Rev. Stat. §§ 21-2932

Current with changes through the 2024 First Special Legislative Session
Section 21-2932 - No liability as member for limited cooperative association obligations

Unless otherwise provided by the articles of organization, an obligation of a limited cooperative association, whether arising in contract, tort, or otherwise, is not the obligation of a member. A member is not personally liable, by way of contribution or otherwise, for an obligation of the limited cooperative association solely by reason of being a member.

Neb. Rev. Stat. §§ 21-2932

Laws 2007, LB368, § 32.