State Codes and Statutes

Statutes > Wisconsin > 193 > 193.505

193.505

193.505 Member liability. A person is not personally liable for the acts, debts, liabilities, or obligations of a cooperative merely because of the person's status as a member. A member is liable for any unpaid subscription for the member's membership interest, unpaid membership fees, or any debt for which the member has separately contracted with the cooperative.

193.505 - ANNOT.

History: 2005 a. 441.

State Codes and Statutes

Statutes > Wisconsin > 193 > 193.505

193.505

193.505 Member liability. A person is not personally liable for the acts, debts, liabilities, or obligations of a cooperative merely because of the person's status as a member. A member is liable for any unpaid subscription for the member's membership interest, unpaid membership fees, or any debt for which the member has separately contracted with the cooperative.

193.505 - ANNOT.

History: 2005 a. 441.

State Codes and Statutes

State Codes and Statutes

Statutes > Wisconsin > 193 > 193.505

193.505

193.505 Member liability. A person is not personally liable for the acts, debts, liabilities, or obligations of a cooperative merely because of the person's status as a member. A member is liable for any unpaid subscription for the member's membership interest, unpaid membership fees, or any debt for which the member has separately contracted with the cooperative.

193.505 - ANNOT.

History: 2005 a. 441.