# Council Regulation (EEC) No 2137/85 of 25 July 1985 on the European Economic Interest Grouping (EEIG), Article 24

Extent: E+W+S+N.I.

1. The members of a grouping shall have unlimited joint and several liability for its debts and other liabilities of whatever nature. ...
2. Creditors may not proceed against a member for payment in respect of debts and other liabilities, in accordance with the conditions laid down in paragraph 1, before the liquidation of a grouping is concluded, unless they have first requested the grouping to pay and payment has not been made within an appropriate period.

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Source: https://www.legislation.gov.uk/eur/1985/2137/article/24 (the official version)
Page: https://openlegislation.uk/eu-regulation-1985-2137/article-24
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.