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Liability of members

KRS 286.6-135
in effect
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286.6-135. Liability of members The members of the credit union shall not be personally or individually liable for the payment of its debts. Effective: July 13, 1984 History: Created 1984 Ky. Acts ch. 408, sec. 14, effective July 13, 1984. Formerly codified as KRS 290.135. Legislative Research Commission Note (7/12/2006). In accordance with 2006 Ky. Acts ch. 247, secs. 38 and 39, this statute has been renumbered as a section of the Kentucky Financial Services Code, KRS Chapter 286.
Source: Kentucky Legislative Research Commission (legislature.ky.gov)URL: https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=14771Fetched: 10/20/2026

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