D.C. Code § 29-1008.02: No liability as director for limited cooperative association’s obligations.
Where this section sits in the code
- Title 29. Business Organizations. [Enacted title]
- Chapter 10. Limited Cooperative Associations.
- Subchapter VIII. Directors and Officers.
A debt, obligation, or other liability of a limited cooperative association shall be solely that of the association and shall not be a debt, obligation, or liability of a director solely by reason of being a director. An individual shall not be personally liable, directly or indirectly, for an obligation of an association solely by reason of being a director.
Collected 2026-08-29T05:44:07Z. Source file · JSON