Legislation

Search OpenLegislation Statutes

up
  • ARTICLE 2
    Formation and Dissolution of Cooperative Corporations; Classes; Powers; By-laws
    • next
  • SECTION 11
    Five or more persons may form a corporation, under this chapter, by making, acknowledging and filing a certificate of incorporation which...
    • Viewing most recent revision (from 2014-09-22)

    SECTION 10

    Classes of corporations

    Cooperative Corporations (CCO) CHAPTER 77, ARTICLE 2

    § 10. Classes of corporations. A cooperative corporation shall be
    either stock or non-stock. A stock cooperative shall issue to members
    shares of stock evidencing membership and may issue, to members or
    others, shares of stock of a different class or classes not evidencing
    membership.