Neb. Rev. Stat. §§ 21-2954

Current with changes through the 2024 First Special Legislative Session
Section 21-2954 - No liability as director for limited cooperative association's obligations

An obligation of a limited cooperative association, whether arising in contract, tort, or otherwise, is not the obligation of a director. A director is not personally liable, directly or indirectly, by way of contribution or otherwise, for an obligation of the limited cooperative association solely by reason of being a director.

Neb. Rev. Stat. §§ 21-2954

Laws 2007, LB368, § 54.