Utah Code § 16-16-802: No liability as director for limited cooperative association's obligations.
Where this section sits in the code
- Title 16 Corporations
- Chapter 16-16 Uniform Limited Cooperative Association Act
- Part 16-16-8 Directors and Officers
A debt, obligation, or other liability of a limited cooperative association is solely that of the association and is not a debt, obligation, or liability of a director solely by reason of being a director. An individual is not personally liable, directly or indirectly, for an obligation of an association solely by reason of being a director.
Collected 2026-09-03T11:34:33Z. Source file · JSON