Colorado Statutes

§ 7-58-504 — No liability as member for association's obligations

Colorado·Title 07 Corporations·Art. Uniform Limited Cooperative Association Act
Unless the articles otherwise provide, a debt, obligation, or other liability of a limited cooperative association is solely that of the association and is not the debt, obligation, or liability of a member solely by reason of being a member.

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Legislative History

Source: L. 2011: Entire article added, (SB 11-191), ch. 197, p. 779, � 1, effective April 2, 2012.

Nearby Sections

15
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