Montana Statutes
§ 35-17-303 — Limited Liability Of Members
Montana § 35-17-303
JurisdictionMontana
Title 35CORPORATIONS, PARTNERSHIPS, AND ASSOCIATIONS
Ch. 17COOPERATIVE AGRICULTURAL MARKETING
Part 3Operation -- Members, Directors, and Officers
This text of Montana § 35-17-303 (Limited Liability Of Members) is published on Counsel Stack Legal Research, covering Montana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Mont. Code Ann. § 35-17-303 (2026).
Text
35-17-303 . Limited liability of members. Except for debts lawfully contracted between a member and the association, a member is not liable for the debts of the association for an amount exceeding the sum remaining unpaid on the member's membership fee or subscription to the capital stock, including any unpaid balance on any promissory notes given in payment of the subscription.
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Legislative History
En. Sec. 14, Ch. 233, L. 1921; re-en. Sec. 6441, R.C.M. 1921; re-en. Sec. 6441, R.C.M. 1935; R.C.M. 1947, 14-414(part); amd. Sec. 1332, Ch. 56, L. 2009.
Nearby Sections
15
§ 35-17-101
Short Title§ 35-17-102
Declaration Of Policy§ 35-17-104
Who May Organize§ 35-17-105
Permissible Purposes For Organization§ 35-17-106
Powers Of Associations§ 35-17-201
Marketing Survey§ 35-17-202
Articles Of Incorporation -- Contents -- Filing -- Articles Or Copies As Prima Facie Evidence§ 35-17-203
Amendments To Articles Of Incorporation§ 35-17-204
Adoption Of Chapter By Existing Associations§ 35-17-206
Bylaws§ 35-17-301
Who May Be Members§ 35-17-303
Limited Liability Of MembersCite This Page — Counsel Stack
Bluebook (online)
Montana § 35-17-303, Counsel Stack Legal Research, https://law.counselstack.com/statute/mt/17/35-17-303.