2012 Arkansas Code
Title 23 - Public Utilities and Regulated Industries
Subtitle 1 - Public Utilities And Carriers
Chapter 17 - Telephone and Telegraph Companies
Subchapter 2 - -- Rural Telecommunications Cooperatives
§ 23-17-233 - Nonliability of members and shareholders for debts of cooperatives.

AR Code § 23-17-233 (2012) What's This?

No member or shareholder shall be liable or responsible for any debts of the cooperative, and the property of the members and shareholders shall not be subject to execution therefor.

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2012 Arkansas CodeTitle 23 - Public Utilities and Regulated IndustriesSubtitle 1 - Public Utilities And CarriersChapter 17 - Telephone and Telegraph CompaniesSubchapter 2 - -- Rural Telecommunications Cooperatives§ 23-17-233 - Nonliability of members and shareholders for debts of cooperatives.