State Codes and Statutes

Statutes > Tennessee > Title-59 > Chapter-13 > 59-13-124

59-13-124. Liability of members.

No member shall be liable for the debts of the association to an amount exceeding the sum remaining unpaid on the membership fee or the subscription to the capital stock, including any unpaid balance on any promissory notes given in payment thereof.

[Acts 1984, ch. 864, § 24.]  

State Codes and Statutes

Statutes > Tennessee > Title-59 > Chapter-13 > 59-13-124

59-13-124. Liability of members.

No member shall be liable for the debts of the association to an amount exceeding the sum remaining unpaid on the membership fee or the subscription to the capital stock, including any unpaid balance on any promissory notes given in payment thereof.

[Acts 1984, ch. 864, § 24.]  


State Codes and Statutes

State Codes and Statutes

Statutes > Tennessee > Title-59 > Chapter-13 > 59-13-124

59-13-124. Liability of members.

No member shall be liable for the debts of the association to an amount exceeding the sum remaining unpaid on the membership fee or the subscription to the capital stock, including any unpaid balance on any promissory notes given in payment thereof.

[Acts 1984, ch. 864, § 24.]