Montana Code Annotated
Part 3. Organization, Membership, and Dissolution
32-3-309. Liability of members

32-3-309. Liability of members. The members of the credit union shall not be personally or individually liable for the payment of its debts.
History: En. 14-620 by Sec. 20, Ch. 38, L. 1975; R.C.M. 1947, 14-620.

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Structure Montana Code Annotated

Montana Code Annotated

Title 32. Financial Institutions

Chapter 3. Credit Unions

Part 3. Organization, Membership, and Dissolution

32-3-301. Organization procedure

32-3-302. Form of articles and bylaws

32-3-303. Amendments

32-3-304. Membership defined

32-3-305. Societies -- associations

32-3-306. Other credit unions

32-3-307. Limited-income persons

32-3-308. Members who leave field

32-3-309. Liability of members

32-3-310. Meetings of members

32-3-311. through 32-3-320 reserved

32-3-321. Liquidation

32-3-322. Merger

32-3-323. Conversion of charter