Usufruct
R.S. 12:422

Non-liability of members for debts of cooperative ACTIVE

The private property of the members of a cooperative shall be exempt from execution for the debts of the cooperative and no member shall be liable or responsible for any debts of the cooperative.

Renumbered from R.S.1950, §12:322 by Acts 1968, No. 105, §3, eff. Jan. 1, 1969.

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Cite R.S. 12:422

Bluebook
La. Rev. Stat. Ann. § 12:422 (2026).
Permalink
https://theusufruct.com/rs/title-12/section-422
BibTeX
@misc{larevstat-12-422,
  title        = {La. Rev. Stat. Ann. § 12:422},
  howpublished = {Louisiana Revised Statutes},
  year         = {2026},
  url          = {https://theusufruct.com/rs/title-12/section-422},
  note         = {Snapshot 2026-05-22}
}