Wisconsin § 193.505 - Member liability.
Full text of Wisconsin Wisconsin Statutes § 193.505 — Member liability., with citation guidance and answers to common questions.
§ 193.505. Member liability.
A person is not personally liable for the acts, debts, liabilities, or obligations of a cooperative merely because of the person’s status as a member. A member is liable for any unpaid subscription for the member’s membership interest, unpaid membership fees, or any debt for which the member has separately contracted with the cooperative. 193.505 History History: 2005 a. 441 .
Frequently Asked Questions About Wisconsin § 193.505
What does Wisconsin Statutes § 193.505 cover?
Section 193.505 ("Member liability.") is part of the Wisconsin Statutes, the codified statutory law of Wisconsin. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Wisconsin § 193.505?
A common citation format is "Wisconsin Statutes § 193.505" (Wisconsin). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Wisconsin law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Wisconsin official source linked on this page or consult a licensed Wisconsin attorney.
How does Wisconsin § 193.505 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Wisconsin can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Wisconsin.