S.C. Code § 33-49-470

Current through 2024 Act No. 225.

Section 33-49-470 - Liability of members

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.

S.C. Code § 33-49-470

1939 (41) 240; 1942 Code Section 8555-112; 1952 Code Section 12-1038; 1962 Code Section 12-1038.