A member of a nonprofit association is not liable for a contractual obligation of the association unless one of the following conditions is satisfied:
- (a) The member expressly assumes personal responsibility for the obligation in a signed writing that specifically identifies the obligation assumed.
- (b) The member expressly authorizes or ratifies the specific contract, as evidenced by a writing. This subdivision does not apply if the member authorizes or ratifies a contract solely in the member’s capacity as a director, officer, or agent of the association.
- (c) With notice of the contract, the member receives a benefit under the contract. Liability under this subdivision is limited to the value of the benefit received.
- (d) The member executes the contract without disclosing that the member is acting on behalf of the association.
- (e) The member executes the contract without authority to execute the contract.