Rhode Island Code § 7-7-11

Limited liability of members and stockholders
Open in Lexace · Ask the AI about this section
No member or stockholder of an association is liable for its debts or obligations beyond the unpaid amount, if any, due by him or her on his or her membership dues or stock issued to him or her.

‹ Prev All Rhode Island sections Next ›


Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.