Me. Stat. tit. 35-A § 3706

Current through 131st (2023-2024) Legislature Chapter 684

Section 3706 - Nonliability of members for debts of cooperative

No member may be liable or responsible for any debts of the cooperative and the property of the members may not be subject to execution for the cooperative's debts. This section does not apply to a generation and transmission cooperative organized in accordance with subchapter IV. [1987, c. 141, Pt. A, §6(NEW).]

35-A M.R.S. § 3706

1987, c. 141, §A6 (NEW) .