Statutes, codes, and regulations
General Laws of Rhode Island
Title 7 - CORPORATIONS, ASSOCIATIONS AND PARTNERSHIPS
Chapter 7-7 - PRODUCERS' COOPERATIVES
Section 7-7-11 - Limited liability of members and stockholders

R.I. Gen. Laws § 7-7-11

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Current through 2024 Public Law 457
Section 7-7-11 - Limited liability of members and stockholders

No member or stockholder of an association is liable for its debts or obligations beyond the unpaid amount, if any, due by him or her on his or her membership dues or stock issued to him or her.

R.I. Gen. Laws § 7-7-11

P.L. 1928, ch. 1202, § 6; G.L. 1938, ch. 117, § 6; G.L. 1956, § 7-7-11.