Unless the articles otherwise provide, a debt, obligation, or other liability of a limited cooperative association is solely that of the association and is not the debt, obligation, or liability of a member solely by reason of being a member.
C.R.S. § 7-58-504
No liability as member for association’s obligations
Known as the Colorado Uniform Limited Cooperative Association Act
The act spans §§ 7–7 (129 sections).
Digitized from: Public.Law — Colorado Revised Statutes. Reproduced from public-domain Colorado statutes; confirm against the official source for the current text. Not legal advice.