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4-30-117. Liability of members for association's debts.
Arkansas Code — all titles (historical 2020) · legal_authorities
4-30-117. Liability of members for association's debts.
Except for debts lawfully contracted between him or her and the association, no member shall be liable for the debts of the association to an amount exceeding the sum remaining unpaid on his or her membership fee or subscription to the capital stock, including any unpaid balance on any promissory notes given in payment thereof.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 4-30-117
Stored review status: Historical 2020-11-06 source release; later amendments not reconciled; machine-extracted, not independently legally reviewed; source heading status: text_in_historical_source. A text match is a research starting point; applicability is not established.
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Record provenance
Stable record: arkansas_code:legal_authorities:4-30-117
Source file: gov.ar.code.title.04.odt
Pages: Not recorded – Not recorded
Passage SHA-256: f15b9aaae80007e002c00e14bc0e932dce247844d1b84687d48bea5bef3162a5
Source location: content.xml paragraph 20377
Stored source content
4-30-117. Liability of members for association's debts.
Except for debts lawfully contracted between him or her and the association, no member shall be liable for the debts of the association to an amount exceeding the sum remaining unpaid on his or her membership fee or subscription to the capital stock, including any unpaid balance on any promissory notes given in payment thereof.
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