Members not to be liable for debts of cooperative.

  1. Law
  2. Missouri Revised Statutes
  3. Incorporation and Regulation of Certain Utilities and Carriers
  4. Rural Electric Cooperatives
  5. Members not to be liable for debts of cooperative.

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Effective - 28 Aug 1939

394.270. Members not to be liable for debts of cooperative. — The private property of the members of a cooperative shall be exempt from execution for the debts of the cooperative and no member shall be liable or responsible for any debts of the cooperative.

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(RSMo 1939 § 5407)


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