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The Florida Senate

1997 Florida Statutes

SECTION 23
Nonliability of members for debts of cooperative.

425.23  Nonliability of members for debts of cooperative.--The private property of the members of a cooperative shall be exempt from execution for the debts of the cooperative and no member shall be liable or responsible for any debts of the cooperative.

History.--s. 22, ch. 19138, 1939; CGL 1940 Supp. 6494(65).