Article II: Rights & Liabilities of Members

Section 1: Property Interest of Members

Upon dissolution of the Cooperative,

1. 1. First, all debts and liabilities of the Cooperative shall be paid, and
   2. Second, all capital furnished through patronage shall be retired as provided in these bylaws, and
   3. Third, the remaining property and assets of the Cooperative shall be distributed among its members who participated in the Cooperative’s patronage retirement during the preceding 10 years (including (b) above) in proportion to such participation.

Section 2: Non-Liability of 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.