Statutes > Montana Statutes > TITLE 35. CORPORATIONS, PARTNERSHIPS, AND ASSOCIATIONS > CHAPTER 2. NONPROFIT CORPORATIONS > Part 5. Members -- Delegates -- Voting > 35-2-516. Member's liability to third parties.

35-2-516. Member's liability to third parties.


     35-2-516. Member's liability to third parties. A member of a corporation is not, as a member, personally liable for the acts, debts, liabilities, or obligations of the corporation.

     History: En. Sec. 44, Ch. 411, L. 1991.