§ 4A-12A-12

§4A–12A–12. NOT IN EFFECT

** TAKES EFFECT OCTOBER 1, 2026 PER CHAPTERS 198 AND 199 OF 2025 **

(a) A limited worker cooperative association shall have an assembly as constituted by the body of all voting members.

(b) An individual is not an agent of a limited worker cooperative association solely by being a member of the assembly.

(c) A debt, an obligation, or any other liability of a limited worker cooperative association is solely that of the association and is not a debt, an obligation, or a liability of a member of the assembly solely by reason of being a voting member.