GroundRules
← Search the law
Wisconsin · Through 2023-24 Wisconsin Statutes updated through 2025 Wis. Act 247 (published 9-4-26)

Wis. Stat. § 193.505: Member liability.

Read at publisher ↗
Where this section sits in the code
  1. Chs. 178-226, Partnerships and Corporations; Transportation; Utilities; Banks; Savings Associations
  2. Chapter 193 Unincorporated Cooperative Associations
  3. SUBCHAPTER V MEMBERS

A person is not personally liable for the acts, debts, liabilities, or obligations of a cooperative merely because of the person’s status as a member. A member is liable for any unpaid subscription for the member’s membership interest, unpaid membership fees, or any debt for which the member has separately contracted with the cooperative.

Collected 2026-09-05T12:01:04Z. Source file · JSON

Browse this collection