Statutes, codes, and regulations
Arkansas Code of 1987
Title 23 - PUBLIC UTILITIES AND REGULATED INDUSTRIESSubtitle 1 - PUBLIC UTILITIES AND CARRIERSChapter 17 - TELEPHONE AND TELEGRAPH COMPANIES
Subchapter 2 - RURAL TELECOMMUNICATIONS COOPERATIVES
Section 23-17-233 - Nonliability of members and shareholders for debts of cooperatives

Ark. Code § 23-17-233

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Current with legislation from 2024 Fiscal and Special Sessions.
Section 23-17-233 - Nonliability of members and shareholders for debts of cooperatives

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.

Ark. Code § 23-17-233

Acts 1951, No. 51, § 34; A.S.A. 1947, § 77-1634.