79-11-181 - Liability of members for acts, debts, liabilities, or obligations of corporation.

§ 79-11-181. Liability of members for acts, debts, liabilities, or obligations of corporation.
 

A member of a corporation is not, as such, personally liable for the acts, debts, liabilities, or obligations of the corporation. 
 

Sources: Laws,  1987, ch. 485, § 41, eff from and after January 1, 1988.