Tenn. Code § 43-38-529
Current through Acts 2023-2024, ch. 1069
A member is not, merely on account of that status, personally liable for the acts, debts, liabilities, or obligations of a cooperative. A member is liable for any unpaid subscription for the membership interest, unpaid membership fees, or a debt for which the member has separately contracted with the cooperative.
T.C.A. § 43-38-529