No liability as member for association's obligations

7-58-504. No liability as member for association's obligations. Unless the articles otherwise provide, a debt, obligation, or other liability of a limited cooperative association is solely that of the association and is not the debt, obligation, or liability of a member solely by reason of being a member. Source: L. 2011: Entire article added, (SB 11-191), ch. 197, p. 779, � 1, effective April 2, 2012.