Incorporated Societies Act 2022

If you need more information about this Act, please contact the administering agency: Ministry of Business, Innovation, and Employment
78 Liability of members

(1)

A member is not liable for an obligation of a society by reason only of being a member.

(2)

The liability of a person to a society in their capacity as a member is limited to—

(a)

any amount unpaid on the membership of the member:

(b)

any liability as a member expressly provided for in the society’s constitution.

(3)

Nothing in this section affects the liability of a member of a society to the society under a contract, or for any tort, breach of a fiduciary duty, or other actionable wrong committed by the member.

Compare: 1993 No 105 s 97