§ 18-441-601. Member’s interest.  


Latest version.
  • MEMBER’S INTEREST.  A member’s interest:

    (1)  Is personal property;

    (2)  Consists of:

    (A)governance rights;

    (B)financial rights; and

    (C)the right or obligation, if any, to do business with the limited cooperative association; and

    (3)  May be in certificated or uncertificated form.

Added by Laws 2009, c. 68, § 57, eff. Jan. 1, 2010.