Liability of subscribers and members
- Statute:
- Louisiana §12:219 · Part NP (Louisiana Nonprofit Corporation Law (La. R.S. Title 12 Ch. 2))
- Topic:
- Member Rights · Limited liability
- Applies to:
- Nonprofit associations
A member is not personally liable for any obligation of the corporation. A member who receives an unlawful distribution is liable up to the amount received; that action must be brought within two years.
📄 Read the official text at legis.la.gov →
How SoShiny helps with Liability of subscribers and members
SoShiny tracks every member, owner, and renter at the unit level with the contact details and access rights this statute protects. Privacy-respecting by default, with statutory directory disclosures and opt-outs handled per-member.
See the feature → Start freeFrequently asked
- What does Louisiana §12:219 require?
- A member is not personally liable for any obligation of the corporation. A member who receives an unlawful distribution is liable up to the amount received; that action must be brought within two years.
- Who does Louisiana §12:219 apply to?
- Louisiana §12:219 applies to Nonprofit associations in Louisiana.
- What happens if our nonprofit corporation doesn't comply with §12:219?
- Non-compliance can expose the association and individual directors to disputes in the governing forum for Louisiana community associations. SoShiny's audit trail and documented workflows are designed to demonstrate good-faith compliance.
- Where can I read the official text of Louisiana §12:219?
- The official text is published by the Louisiana State Legislature at legis.la.gov. The summary on this page is for plain-English reference only and is not legal advice.
- How does SoShiny help with Liability of subscribers and members?
- SoShiny tracks every member, owner, and renter at the unit level with the contact details and access rights this statute protects. Privacy-respecting by default, with statutory directory disclosures and opt-outs handled per-member. Learn more →
Not legal advice. This page is a plain-English summary of Louisiana §12:219 prepared by SoShiny for board members and managers. For binding legal advice or interpretation, consult a Louisiana-licensed attorney. For the official statutory text, see the link above.
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