{"data":{"id":"us-ky/krs-272.490","jurisdiction":"us-ky","citation":"KRS 272.490","heading":"Members not liable for debts of association.","body":"(1) No member shall be liable for the debts of the association to an amount exceeding\nthe sum remaining unpaid on the member's membership fee, including any unpaid\nbalance on any promissory notes given in payment thereof.\n(2) Subsection (1) of this section sha ll not affect the liability of a member of an\nassociation for his or her own negligence, wrongful acts, or misconduct.","path":["KRS Chapter 272"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=13582","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:53:21Z","sha256":"01a2a7adba12dce29e2456f7b87326a63e2fdd81bd47b45328032c0c9acb95b3","source_id":"us-ky","stale":false,"prev":"us-ky/krs-272.480","next":"us-ky/krs-272.500"},"notice":"GroundRules: Original legal text. Not legal advice."}