Utah Code § 16-16-504

Current through the 2024 Fourth Special Session

Section 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.

Utah Code § 16-16-504

Enacted by Chapter 363, 2008 General Session.