Statute · New York Rural Electric Cooperative Law
N.Y. Rural Elec. Coop. Law § 62 — Non-liability of members for debts of cooperative
N.Y. Rural Elec. Coop. Law § 62
- Type
- Statute
- Source
- New York Rural Electric Cooperative Law
- Jurisdiction
- New York
- Current through
- Nov 4, 2026 (NY Senate Open Legislation)
§ 62. Non-liability of members for debts of cooperative. No member shall be liable or responsible for any debts of the cooperative and the property of the members shall not be subject to execution therefor.
Citator
N.Y. Rural Elec. Coop. Law § 62 — Non-liability of members for debts of cooperative is in force in the current edition of the Code, and nothing recorded condemns it.
§ 62. Non-liability of members for debts of cooperative. No member shall be liable or responsible for any debts of the cooperative and the property of the members shall not be subject to execution therefor.