No member or shareholder shall be liable or responsible for any debts of the cooperative; and the property of the members and shareholders shall not be subject to execution therefor. (Ga. L. 1950, p. 192, § 35.)
Liability of members and shareholders for debts of cooperative
O.C.G.A. § 46-5-94, under TELEPHONE SERVICE RESEARCH REFERENCES.
O.C.G.A. § 46-5-94