There is a newer version of the Pennsylvania Consolidated Statutes
2015 Pennsylvania Consolidated Statutes
Title 15 - CORPORATIONS AND UNINCORPORATED ASSOCIATIONS
Chapter 73 - Electric Cooperative Corporations
Section 7323 - Exemption of members from liability for debts of corporation
15 PA Cons Stat § 7323 (2015) What's This?
§ 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.
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