Texas Statutes (Last Updated: January 4, 2014) |
UTILITIES CODE |
Title 4. DELIVERY OF UTILITY SERVICES |
Subtitle A. UTILITY CORPORATIONS AND OTHER PROVIDERS |
Chapter 161. ELECTRIC COOPERATIVE CORPORATIONS |
Subchapter B. CREATION AND OPERATION OF ELECTRIC COOPERATIVES |
Sec. 161.060. MEMBERS NOT LIABLE FOR DEBTS OF ELECTRIC COOPERATIVE
Latest version.
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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.