Article II: Rights & Liabilities of Members

Section 1. Property Interest of Members

Members shall have no individual or separate interest in the property or assets of the Cooperative except that upon dissolution of the property and assets of the Cooperative remaining after all debts and liabilities of the Cooperative are paid, shall be distributed among the members and former members in the proportion which the aggregate patronage of each bears to the total patronage of all members during the seven years next preceding the date of the filing of the certificate of dissolution or, if the Cooperative shall not have been in existence for such period, during the period of its existence.

Section 2. Non-liability For Debts of the Cooperative

The private property of the members shall be exempt from execution or other liability for the debts of the Cooperative and no member shall be liable or responsible for any debts or liabilities of the Cooperative.