South Dakota Codified Laws 47-21-52. Liability of members for acts of cooperative
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No member shall be liable or responsible for any debts of the cooperative and the property of the members shall not be subject to execution therefor.
Terms Used In South Dakota Codified Laws 47-21-52
- Property: includes property, real and personal. See South Dakota Codified Laws 2-14-2
Source: SL 1947, ch 33, § 25; SDC Supp 1960, § 11.2225.