BlackletterCalifornia law

Corporations Code § 13302

CHAPTER 4. Members

Current as of September 28, 2026Corp. Code, § 13302Official source ↗

Added by Stats. 1953, Ch. 207.

No member shall be liable for the debts of the association to an amount exceeding the sum remaining unpaid on his membership fee or his subscription to the capital stock, including any unpaid balance on any promissory note given in payment thereof.