Statutes > Iowa Statutes > Title 12 - Business Entities > Subtitle 5 - Nonprofit Corporations > CHAPTER 504 - REVISED IOWA NONPROFIT CORPORATION ACT > 504.613 - MEMBER'S LIABILITY TO THIRD PARTIES.

504.613 - MEMBER'S LIABILITY TO THIRD PARTIES.

        504.613  MEMBER'S LIABILITY TO THIRD PARTIES.         A member of a corporation is not, as such, personally liable for      the acts, debts, liabilities, or obligations of the corporation.
         Section History: Recent Form
         2004 Acts, ch 1049, §40, 192