GroundRules
CORP § 5350
Where this section sits in the code
- Corporations Code - CORP
- TITLE 1. CORPORATIONS [100. - 14707.]
- DIVISION 2. NONPROFIT CORPORATION LAW [5000. - 10841.]
- PART 2. NONPROFIT PUBLIC BENEFIT CORPORATIONS [5110. - 6910.]
- CHAPTER 3. Members [5310. - 5354.]
- ARTICLE 5. Rights and Obligations of Members and Creditors [5350. - 5354.]
(a) A member of a corporation is not, as such, personally liable for the debts, liabilities, or obligations of the corporation.
(b) No person is liable for any obligation arising from membership unless the person was admitted to membership upon the person’s application or with the person’s consent.
Collected 2026-09-14T05:56:33Z. Source file · JSON