Section 54239 Of Article 9. Members From California Food And Agricultural Code >> Division 20. >> Chapter 1. >> Article 9.
54239
. A member or stockholder is not liable for the debts of the
association to an amount which exceeds the sum which remains unpaid
on his membership fee or his subscription to the capital stock,
including any unpaid balance on any promissory note which is given in
payment of the membership fee or the subscription to the capital
stock.