California Law (Last Updated: March 4, 2014) |
Corporations Code - CORP |
Title 1. CORPORATIONS |
Division 2. NONPROFIT CORPORATION LAW |
Part 4. NONPROFIT RELIGIOUS CORPORATIONS |
Chapter 3. Members |
ARTICLE 5. Rights and Obligations of Members and Creditors |
Section 9350.
Latest version.
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(a) A member of a corporation is not, as such, personally liable for the debts, liabilities, or obligations of the corporation.
(b) No person is liable for any obligation arising from membership unless the person was admitted to membership upon the person's application or with the person's consent.
(Added by Stats. 1978, Ch. 567.)