Article 22. Property responsibility of an agricultural cooperative and its members The Law on Agricultural Cooperatives
1. An agricultural cooperative shall be liable for its obligations with all property belonging to it.
An agricultural cooperative is not liable for the obligations of its members.
2. The members of the cooperative are not liable for the obligations of the agricultural cooperative and bear the risk of losses related to the activities of the agricultural cooperative, within the limits of the value of their property (share) contributions, unless otherwise established by the charter of the agricultural cooperative.
The Law of the Republic of Kazakhstan dated October 29, 2015 No. 372-V SAM.
President
Republic of Kazakhstan
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