---
urn: urn:us-la:rs:12:422
citation: "R.S. 12:422"
status: active
breadcrumb: "Title 12 › Chapter 4 › Part I"
acts_citations:
---

# Non-liability of members for debts of cooperative

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.