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No liability as director for limited cooperative association's obligations.

Neb. Rev. Stat. § 21-2954
in effect
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21-2954. No liability as director for limited cooperative association's obligations. An obligation of a limited cooperative association, whether arising in contract, tort, or otherwise, is not the obligation of a director. A director is not personally liable, directly or indirectly, by way of contribution or otherwise, for an obligation of the limited cooperative association solely by reason of being a director. Laws 2007, LB368, § 54.
Source: Nebraska Legislature (nebraskalegislature.gov)URL: https://nebraskalegislature.gov/laws/statutes.php?statute=21-2954Fetched: 10/20/2026

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