No member shall be liable or responsible for any debts of the cooperative and the property of the members shall not be subject to execution therefor. Source: SL 1947, ch 33 , § 25; SDC Supp 1960, § 11.2225.
Liability of members for acts of cooperative
SDCL § 47-21-52 — under RURAL ELECTRIC COOPERATIVES.
SDCL § 47-21-52