There Is a Newer Version
of
the Maine Revised Statutes
2011 Maine Revised Statutes
TITLE 35-A: PUBLIC UTILITIES (HEADING: PL 1987, c. 141, Pt. A, @6 (new))
Chapter 37: RURAL ELECTRIFICATION COOPERATIVES
35-A §3706. Nonliability of members for debts of cooperative
Universal Citation:
35-A ME Rev Stat § 3706 (2011 through 125th Legis)
Learn more
This media-neutral citation is based
on the American Association of Law Libraries Universal Citation Guide and is not
necessarily the official citation.
Part 3: ELECTRIC POWER HEADING: PL 1987, C. 141, PT. A, §6 (NEW)
Subchapter 1: GENERAL PROVISIONS HEADING: PL 1987, C. 141, PT. A, §6 (NEW)
§3706. Nonliability of members for debts of cooperative
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. [1987, c. 141, Pt. A, §6 (NEW).]
SECTION HISTORY
1987, c. 141, §A6 (NEW).
Disclaimer: These codes may not be the most recent version. Maine may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
