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Nonliability of members for debts of cooperative

NMSA 1978, § 62-15-22
in effect
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62-15-22. Nonliability of members for debts of cooperative The private property of the members of a cooperative shall be exempt from execution for the debts of the cooperative and no member shall be liable or responsible for any debts of the cooperative. Laws 1939, ch. 47, § 22; 1941 Comp., § 48-422; 1953 Comp., § 45-4-22.
Source: New Mexico Compilation Commission (nmonesource.com)URL: https://nmonesource.com/nmos/nmsa-unanno/en/item/18565/index.do#!b/62-15-22Fetched: 10/20/2026

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