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Earlier editions: 2020-112018-11

TITLE 1. CORPORATIONS 100-14707›DIVISION 2. NONPROFIT CORPORATION LAW 5000-10841›PART 2. NONPROFIT PUBLIC BENEFIT CORPORATIONS 5110-6910›CHAPTER 3. Members 5310-5354›ARTICLE 5. Rights and Obligations of Members and Creditors 5350-5354

§ 5350

California Corporations Code · 2026-10 edition · updated 2026-10-04 · California

(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.

(Added by Stats. 1978, Ch. 567.)

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California Corporations Code

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