Statute · California Corporations Code
Cal. Corp. Code § 13302 — Members
Cal. Corp. Code § 13302
- Type
- Statute
- Source
- California Corporations Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
No member shall be liable for the debts of the association to an amount exceeding the sum remaining unpaid on his membership fee or his subscription to the capital stock, including any unpaid balance on any promissory note given in payment thereof.
Citator
Cal. Corp. Code § 13302 — Members is in force in the current edition of the Code, and nothing recorded condemns it.
No member shall be liable for the debts of the association to an amount exceeding the sum remaining unpaid on his membership fee or his subscription to the capital stock, including any unpaid balance on any promissory note given in payment thereof.