Sec. 161.060. MEMBERS NOT LIABLE FOR DEBTS OF ELECTRIC COOPERATIVE    


Latest version.
  • A member is not liable for a debt of an electric cooperative except for:

    (1) a debt contracted between the member and the cooperative; or

    (2) an amount not to exceed the unpaid amount of the member's membership fee.

Acts 1997, 75th Leg., ch. 166, Sec. 1, eff. Sept. 1, 1997.