Okla. Stat. tit. 18 § 441-802

Current through Laws 2024, c. 453.

Section 441-802 - No liability as director for limited cooperative association's obligations

A debt, obligation, or other liability of a limited cooperative association is solely that of the association and is not a debt, obligation, or liability of a director solely by reason of being a director. An individual is not personally liable, directly or indirectly, for an obligation of an association solely by reason of being a director.

Okla. Stat. tit. 18, § 441-802

Added by Laws 2009 , HB 2148, c. 68, § 67, eff. 1/1/2010.