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No liability as member for limited cooperative association obligations.

Neb. Rev. Stat. § 21-2932
in effect
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21-2932. No liability as member for limited cooperative association obligations. Unless otherwise provided by the articles of organization, an obligation of a limited cooperative association, whether arising in contract, tort, or otherwise, is not the obligation of a member. A member is not personally liable, by way of contribution or otherwise, for an obligation of the limited cooperative association solely by reason of being a member. Laws 2007, LB368, § 32.
Source: Nebraska Legislature (nebraskalegislature.gov)URL: https://nebraskalegislature.gov/laws/statutes.php?statute=21-2932Fetched: 10/20/2026

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