§ 6.22. Member’s liability to third parties
A member of a corporation is not, as such, personally liable for the acts, debts, liabilities, or obligations of the corporation. (Added 1995, No. 179 (Adj. Sess.), § 1, eff. Jan. 1, 1997.)
Structure Vermont Statutes
Title 11B - Nonprofit Corporations
Chapter 6 - Members and Membership
§ 6.03. No requirement of members
§ 6.20. Differences in rights and obligations of members
§ 6.22. Member’s liability to third parties
§ 6.23. Member’s liability for dues, assessments, and fees
§ 6.24. Creditor’s action against member
§ 6.31. Termination; expulsion and suspension