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. 17:2823
Immunity of members
Known as the Louisiana Student College and Career Readiness Act
The act spans §§ 17–17 (59 sections).
Added by Acts 1958, No. 257, §23.
Official source: Louisiana State Legislature. Reproduced from public-domain Louisiana statutes; confirm against the official source for the current text. Not legal advice.