CHAPTER 7-8
Consumers' Cooperatives

Index Of Sections

§ 7-8-1 Short title.
§ 7-8-2 Definitions.
§ 7-8-3 Authorized purposes.
§ 7-8-4 Application of general corporation law.
§ 7-8-5 Federation and cooperation between associations.
§ 7-8-6 Contents of articles of association.
§ 7-8-7 Name of association.
§ 7-8-8 Fee payable to secretary of state by nonstock corporation.
§ 7-8-9 Amendment of articles.
§ 7-8-10 Contents of bylaws.
§ 7-8-11 Meetings of members.
§ 7-8-12 Voting rights.
§ 7-8-13 Proxy and mail votes.
§ 7-8-14 Mail voting included in statutory provisions.
§ 7-8-15 Apportionment of directors among units.
§ 7-8-16 Restriction on dividends.
§ 7-8-17 Membership of organizations – Payment of capital as prerequisite to membership.
§ 7-8-18 Share and membership certificates.
§ 7-8-19 Application of corporation and franchise taxes to associations without stock.
§ 7-8-20 Association's pre-emptive right to repurchase shares.
§ 7-8-21 Transfer of holdings.
§ 7-8-22 Recall of shares.
§ 7-8-23 Impairment of solvency prohibited.
§ 7-8-24 Expulsion of members.
§ 7-8-25 Exemption of holdings from attachment.
§ 7-8-26 Apportionment of net savings.
§ 7-8-27 Contents of annual report.
§ 7-8-28 Distribution of assets on dissolution.
§ 7-8-29 Bonding of officers and employees.
§ 7-8-30 Annual audit of books.
§ 7-8-31 Exemption from securities law.
§ 7-8-32 Acceptance of chapter by cooperatives formed under other law.
§ 7-8-33 Use of word "cooperative".
§ 7-8-34 Inapplicable law.
§ 7-8-35 Severability.