Tennessee Statutes

§ 59-13-124 — Liability of members

Tennessee·Title 59
No member shall be liable for the debts of the association to an amount exceeding the sum remaining unpaid on the membership fee or the subscription to the capital stock, including any unpaid balance on any promissory notes given in payment thereof.

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Tennessee § 59-13-124 (Liability of members) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Acts 1984, ch. 864, § 24.

Nearby Sections

15
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