Nebraska § 21-2932 No liability as member for limited cooperative association obligations

Nebraska Statutes

§ 21-2932 — No liability as member for limited cooperative association obligations

Nebraska § 21-2932

Ch. 21Corporations and Other Companies

This text of Nebraska § 21-2932 (No liability as member for limited cooperative association obligations) is published on Counsel Stack Legal Research, covering Nebraska primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Neb. Rev. Stat. § 21-2932 (2026).

Text

Unless otherwise provided by the articles of organization, an obligation of a limited cooperative association, whether arising in contract, tort, or otherwise, is not the obligation of a member. A member is not personally liable, by way of contribution or otherwise, for an obligation of the limited cooperative association solely by reason of being a member.

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