Minn. Stat. § 308B.505
Current through Register Vol. 49, No. 8, August 19, 2024
A member is not, merely on the account of that status, personally liable for the acts, debts, liabilities, or obligations of a cooperative. A member is liable for any unpaid subscription for the membership interest, unpaid membership fees, or a debt for which the member has separately contracted with the cooperative.
Minn. Stat. § 308B.505
2003 c 105 art 1 s 39