No liability as member for association's obligations.
Utah Code § 16-16-504
in effect16-16-504. No liability as member for association's obligations.
Unless the articles of organization otherwise provide, a debt, obligation, or other liability of a limited cooperative association is solely that of the association and is not the debt, obligation, or liability of a member solely by reason of being a member.
Enacted by Chapter 363, 2008 General Session
Source: Utah Office of Legislative Research and General Counsel (le.utah.gov)URL: https://le.utah.gov/xcode/Title16/Chapter16/16-16-S504.html?v=C16-16-S504_1800010118000101Fetched: 10/26/2026
