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The Vermont Statutes Online
Title
08
:
Banking and Insurance
Chapter
221
:
ORGANIZATION AND MANAGEMENT OF CREDIT UNION
Subchapter
004
:
MEMBERSHIP
§
31403. Liability of members
The members of
the credit union shall not be personally or individually liable for the acts,
debts, liabilities, or obligations of the credit union or the payment of the
credit union's debts solely by virtue of their membership in the credit union.
(Added 2005, No. 16, § 1, eff. July 1, 2005.)