A member is not liable or responsible for any debts of the cooperative and the property of the members is not subject to execution therefor.
AS 10.25.410
Nonliability of members for debts of cooperative
Known as the Electric and Telephone Cooperative Act
The act spans §§ 10–10 (77 sections).
Official source: Alaska State Legislature. Reproduced from public-domain Alaska statutes; confirm against the official source for the current text. Not legal advice.