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A member of a corporation is not, as such, personally liable for the acts, debts, liabilities, or obligations of the corporation.
Structure 2021 Tennessee Code
2021 Tennessee Code
Title 48 - Securities, Corporations and Associations
Chapter 56 - Members and Memberships
Part 2 - Types of Memberships — Members' Rights and Obligations
§ 48-56-201. Differences in Rights and Obligations of Members
§ 48-56-203. Member's Liability to Third Parties