Statute · California Public Utilities Code

Cal. Pub. Util. Code § 3179 — Members

Cal. Pub. Util. Code § 3179

Type
Statute
Source
California Public Utilities Code
Jurisdiction
California
Current through
Nov 2, 2026 (California Legislative Counsel)

A member is not liable for the debts of the association in an amount which exceeds the sum which remains unpaid on the member’s or stockholder’s membership fee or subscription to the capital stock, including any unpaid balance on any promissory note which is given in payment of the membership…

Citator

Cal. Pub. Util. Code § 3179 — Members is in force in the current edition of the Code, and nothing recorded condemns it.

A member is not liable for the debts of the association in an amount which exceeds the sum which remains unpaid on the member’s or stockholder’s membership fee or subscription to the capital stock, including any unpaid balance on any promissory note which is given in payment of the membership fee or the subscription to the capital stock.