Ca_Law

statute | California

Corporations Code - CORP - CORP § 5350

  • UIDca_leginfo_codes:corp-5350
  • CitationCorporations Code - CORP - CORP § 5350
  • Court / bodyCalifornia Legislative Counsel
  • Decision dateN/A
  • CollectionPUBINFO_2025
  • SourceOriginal

Summary

(a) A member of a corporation is not, as such, personally liable for the debts, liabilities, or obligations of the corporation. (b) No person is liable for any obligation arising from membership unless the person was admitted to membership upon the person’s application or with th

Text

(a)
A member of a corporation is not, as such, personally liable for the debts, liabilities, or obligations of the corporation.
(b)
No person is liable for any obligation arising from membership unless the person was admitted to membership upon the person’s application or with the person’s consent.

Retrieval chunks

  • #1 | Corporations Code - CORP - CORP § 5350

    (a) A member of a corporation is not, as such, personally liable for the debts, liabilities, or obligations of the corporation. (b) No person is liable for any obligation arising from membership unless the person was admitted to membership upon the person’s application or with the person’s consent.