S.C. Code Ann. § 34-26-550 – Member liability for credit union debt | Midpage
§ 34-26-550
S.C. Code Ann. § 34-26-550
Member liability for credit union debt
Effective May 29, 19961996 Act No. 371, Section 1, eff May 29, 1996.
The members of the credit union shall not be personally or individually liable for the payment of the credit union's debts solely by virtue of holding membership.