The private property of the members of the corporation shall be exempt from the execution for the debts of the corporation, and no member shall be individually liable or responsible for any debts or liabilities of the corporation.
Miss. Code Ann. § 83-47-11
Liability of members for debts of corporation; exemption of private property from execution
Laws, 1977, ch. 491, § 6, eff from and after passage (approved April 15, 1977
Current official text: Mississippi Code (LexisNexis). Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Mississippi statutes; confirm against the official source for the current text. Not legal advice.