{"data":{"id":"us-gu/18-gca-17802","jurisdiction":"us-gu","citation":"18 GCA § 17802","heading":"No Liability as Director for Limited Cooperative Association’s Obligations.","body":"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.","path":["Title 18: Business Structure and Function","Division 1 - Business Structure","Part 2 - Special Corporate Forms","Chapter 17: Guam Uniform Limited Cooperative Association Act","ARTICLE 8: DIRECTORS AND OFFICERS"],"source_url":"https://col.guamcourts.gov/sites/default/files/18gc017.pdf","current_through":"P.L. 38-133 (June 4, 2026)","vintage":"","retrieved_at":"2026-09-27T03:54:38Z","sha256":"d857d9a1404700d71b50448e9b3e18a53c53795301a816ac09312c0d7daa56a6","source_id":"us-gu","stale":false,"prev":"us-gu/18-gca-17801","next":"us-gu/18-gca-17803"},"notice":"GroundRules: Original legal text. Not legal advice."}
