Wis. Stat. § 193.505

Current through Acts 2023-2024, ch. 272
Section 193.505 - Member liability

A person is not personally liable for the acts, debts, liabilities, or obligations of a cooperative merely because of the person's status as a member. A member is liable for any unpaid subscription for the member's membership interest, unpaid membership fees, or any debt for which the member has separately contracted with the cooperative.

Wis. Stat. § 193.505

2005 a. 441.