The private property of the members of a cooperative shall be exempt from execution for the debts of the cooperative and no member shall be liable or responsible for any debts of the cooperative.
La. R.S. 12:422
Non-liability of members for debts of cooperative
Renumbered from R.S.1950, §12:322 by Acts 1968, No. 105, §3, eff
Official source: Louisiana State Legislature. Reproduced from public-domain Louisiana statutes; confirm against the official source for the current text. Not legal advice.