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§ 441-504. No liability as member for association's obligations

Oklahoma Statutes AnnotatedTitle 18. Corporations

Oklahoma Statutes Annotated
Title 18. Corporations (Refs & Annos)
Chapter 10A. Uniform Limited Cooperative Association Act (Refs & Annos)
Article 5. Members
18 Okl.St.Ann. § 441-504
§ 441-504. No liability as member for association's obligations
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.

Credits

Laws 2009, c. 68, § 43, eff. Jan. 1, 2010.
18 Okl. St. Ann. § 441-504, OK ST T. 18 § 441-504
Current with emergency effective legislation through Chapter 257 of the Second Regular Session of the 59th Legislature (2024). Some sections may be more current, see credits for details.
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