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Maine Revised Statutes Title 35-A. Public Utilities § 3706. Nonliability of members for debts of cooperative

Current as of January 01, 2025 | Updated by Findlaw Staff

No member may be liable or responsible for any debts of the cooperative and the property of the members may not be subject to execution for the cooperative's debts. This section does not apply to a generation and transmission cooperative organized in accordance with subchapter IV.  1

1 35-A M.R.S.A. §§ 3771, 3772.
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Cite this article: FindLaw.com - Maine Revised Statutes Title 35-A. Public Utilities § 3706. Nonliability of members for debts of cooperative - last updated January 01, 2025 | https://codes.findlaw.com/me/title-35-a-public-utilities/me-rev-st-tit-35-a-sect-3706/

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