There is a newer version of the Vermont Statutes
2013 Vermont Statutes
Title 08 Banking and Insurance
Chapter 221 ORGANIZATION AND MANAGEMENT OF CREDIT UNION
§ 31403 Liability of members
8 V.S.A. § 31403 What's This?
31403. Liability of members
The members of the credit union shall not be personally or individually liable for the acts, debts, liabilities, or obligations of the credit union or the payment of the credit union's debts solely by virtue of their membership in the credit union. (Added 2005, No. 16, 1, eff. July 1, 2005.)
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