Nebraska Revised Statute 21-2932
- Revised Statutes
- Chapter 21
- 21-2932
Chapter 21
21-2932.
No liability as member for limited cooperative association obligations.
Unless otherwise provided by the articles of organization, an obligation of a limited cooperative association, whether arising in contract, tort, or otherwise, is not the obligation of a member. A member is not personally liable, by way of contribution or otherwise, for an obligation of the limited cooperative association solely by reason of being a member.