The private property of the members of a telephone cooperative is exempt from execution for the debts of the telephone cooperative, and no member is liable or responsible for any debts of the telephone cooperative.
S.C. Code Ann. § 33-46-470
Members and their property exempt from liability for cooperative's debts
Known as the Telephone Cooperative Act
The act spans §§ 33–33 (51 sections).
1994 Act No. 392, SECTION 1.
Official source: South Carolina Legislature. Reproduced from public-domain South Carolina statutes; confirm against the official source for the current text. Not legal advice.