Skip to content

Pennsylvania Consolidated Statutes · § 7323 — Exemption of members from liability for debts of corporation

7323. Exemption of members from liability for debts of corporation

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.

Source notes
History and annotations

Official source for this version

Source captured 2026-09-26. Open the official source.

General legal information, not legal advice. Jurisio is not a law firm.