Illinois · Through at least Public Act 104-790

205 ILCS 305/18: Liability of members.

Where this section sits in the code

CHAPTER 205 FINANCIAL REGULATION
Illinois Credit Union Act.

The members of the credit union shall not be personally or individually liable for the payment of its debts. A reduction in shares as provided for in Section 45 of this Act shall not be considered as imposing such individual or personal liability upon the members of the credit union.

Collected 2026-09-15T04:46:29Z. Source file · JSON

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