No liability as director for limited cooperative association's obligations.

1. Law
2. Revised Code of Washington
3. Corporations and Associations (Profit) (Business Corporation Act: See Title 23b Rcw)
4. Limited Cooperative Associations.
5. No liability as director for limited cooperative association's obligations.

A debt, obligation, or other liability of a limited cooperative association is solely that of the association and is not a debt, obligation, or other liability of a director solely by reason of being a director. An individual is not personally liable, directly or indirectly, for an obligation of an association solely by reason of being a director.

[ 2019 c 37 § 602.]

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