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Pennsylvania Statutes Title 15 Pa.C.S.A. Corporations and Unincorporated Associations § 7323. Exemption of members from liability for debts of corporation

Current as of January 01, 2026 | Updated by Findlaw Staff

A member shall not be liable for the debts of an electric cooperative corporation to an amount exceeding the sums remaining unpaid on his membership fee, but nothing in this chapter shall be construed to relieve any member from the payment of any debt due by him to the corporation.

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Cite this article: FindLaw.com - Pennsylvania Statutes Title 15 Pa.C.S.A. Corporations and Unincorporated Associations § 7323. Exemption of members from liability for debts of corporation - last updated January 01, 2026 | https://codes.findlaw.com/pa/title-15-pacsa-corporations-and-unincorporated-associations/pa-csa-sect-15-7323/

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