Chapter 16 - COOPERATIVES-MEMBERSHIP, STOCK AND DISTRIBUTIONS
- Section 47-16-1 - Classes of members-Provisions in bylaws
- Section 47-16-2 - Annual member meeting-Time of meeting
- Section 47-16-3 - Special meetings
- Section 47-16-4 - Member meetings-Location-Virtual participation
- Section 47-16-5 - Member meetings-Notice-Virtual meeting
- Section 47-16-6 - Notice to delegates or alternates
- Section 47-16-7 - Member meetings-Quorum
- Section 47-16-8 - Action without meeting
- Section 47-16-9 - Consent to action without meeting
- Section 47-16-10 - Votes at meeting
- Section 47-16-11 - Votes by member cooperatives
- Section 47-16-12 - Vote by member owning membership stock
- Section 47-16-13 - Proxy votes-Delegate votes
- Section 47-16-14 - Member voting
- Section 47-16-15 - Voting by representatives
- Section 47-16-16 - Voting by organizations
- Section 47-16-17 - Voting rights conditioned upon membership payment
- Section 47-16-18 - Other votes prohibited
- Section 47-16-19 - Bylaws provisions for voting
- Section 47-16-20 - Percentage of vote
- Section 47-16-21 - Capital stock-Classes of stock
- Section 47-16-22 - Membership stock-Transfer of stock
- Section 47-16-23 - Cooperative dealing in own stock
- Section 47-16-24 - Consideration for stock
- Section 47-16-25 - Reacquisition of stock
- Section 47-16-26 - Stockholders' preemptive rights
- Section 47-16-27 - Stock certificates-Conditions to issuance
- Section 47-16-28 - Statements required on stock certificates
- Section 47-16-29 - Stock subscriptions-Irrevocability
- Section 47-16-30 - Liability of subscribers
- Section 47-16-31 - Missing securities-Issuance of duplicate
- Section 47-16-32 - Missing securities-Redemption-Procedure
- Section 47-16-33 - Liability on securities wrongfully transferred-Notice
- Section 47-16-34 - Definition of transfers and transferors
- Section 47-16-35 - Actions by stockholders or members-Allegations respecting ownership
- Section 47-16-36 - Actions by stockholders or members-Additional allegations
- Section 47-16-37 - Approval of court required for termination of action
- Section 47-16-38 - Expenses of maintaining action-Disposition of proceeds
- Section 47-16-39 - Security for costs-Amount of security
- Section 47-16-40 - Distribution of net proceeds
- Section 47-16-41 - Deductions from total proceeds
- Section 47-16-42 - Procedure for distribution
- Section 47-16-43 - [Repealed]
- Section 47-16-44 - Payments to employees
- Section 47-16-45 - Dividends on capital stock-Conditions to payment
- Section 47-16-46 - Distributions to patrons
- Section 47-16-47 - Creation of reserves-Credit to patrons
- Section 47-16-48 - Ratio of patronage as determining payment to patron
- Section 47-16-49 - Classification of patrons
- Section 47-16-50 - Credit to surplus and reserves
- Section 47-16-51 - Remaining funds-Distribution to patrons-Distinction between members and nonmembers-Classification of patrons
- Section 47-16-52 - Manner of payment
- Section 47-16-53 - Application of proceeds to prior losses
- Section 47-16-54 - Unclaimed credits-Forfeiture to cooperative
- Section 47-16-55 - Procedure for forfeiture-Resolution-Time limit for claim
- Section 47-16-56 - Notice to claimant-Contents of notice
- Section 47-16-57 - Notice by publication
- Section 47-16-58 - Applicability to preexisting claims
- Section 47-16-59 - Discretionary payment to claimant after forfeiture
- Section 47-16-60 - Filing false document as felony
- Section 47-16-61 - Report of forfeited sums to administrator