Member's liability to third parties

  1. Law
  2. Montana Code Annotated
  3. Corporations, Partnerships, and Associations
  4. Nonprofit Corporations
  5. Members -- Delegates -- Voting
  6. Member's liability to third parties

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35-2-516. Member's liability to third parties. A member of a corporation is not, as a member, personally liable for the acts, debts, liabilities, or obligations of the corporation.

History: En. Sec. 44, Ch. 411, L. 1991.


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