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Official Code of Georgia Annotated

Title 46. PUBLIC UTILITIES AND PUBLIC TRANSPORTATION · Chapter 5. TELEPHONE SERVICE · Article 2. TELEPHONE SERVICE · Part 3. RURAL TELEPHONE COOPERATIVES

46-5-94. Liability of members and shareholders for debts of cooperative.

Active

Current through: Including Acts of the 2025 Session of the General Assembly of Georgia.

  1. No member or shareholder shall be liable or responsible for any debts of the cooperative; and the property of the members and shareholders shall not be subject to execution therefor.

The notes below are printed with the section but are not enacted law (O.C.G.A. § 1-1-1(c)). They are shown apart from the text.

History

Ga. L. 1950, p. 192, § 35.

Read the official page (the state's PDF, opened at the page this text was read from).

Current through: Including Acts of the 2025 Session of the General Assembly of Georgia.

Text read from t46-(v34)-2025-pdf.pdf, Volume V34, 2025 edition, page 584; merge action: bound only; file SHA-256 53ab60ae5027.