Each association incorporated under this chapter must, within thirty (30) days after its incorporation, adopt for its government and management, a code of bylaws, not inconsistent with the powers granted by this chapter. A majority vote of the members or stockholders, or their written assent, is necessary to adopt such bylaws. Each association, under its bylaws, may provide for any or all of the following matters:
Structure 2021 Tennessee Code
Title 43 - Agriculture and Horticulture
Chapter 16 - Cooperative Marketing Associations
§ 43-16-102. Purpose of Chapter
§ 43-16-104. Nonprofit Cooperative Association — Persons Entitled to Form
§ 43-16-105. Activities in Which Authorized to Engage
§ 43-16-106. Preliminary Inquiry as to Probable Success
§ 43-16-107. Recognition That Farmers Need Special Instruction Data in Marketing Their Products
§ 43-16-108. Powers of Incorporated Association
§ 43-16-110. Articles of Incorporation — Preparing and Filing — Contents
§ 43-16-111. Capital Stock — Articles Specifying Division Into Preferred and Common Stock
§ 43-16-112. Articles to Be Signed, Acknowledged, and Filed — Prima Facie Evidence of Incorporation
§ 43-16-114. Code of Bylaws — Provisions
§ 43-16-115. Regular and Special Meetings — Notice — Provisions as to Notice
§ 43-16-117. Remuneration of Officers, Directors, and Committeemen
§ 43-16-119. Executive Committee and Its Functions
§ 43-16-120. Vacancies in Board of Directors — Filling
§ 43-16-121. Officers Elected by Directors — Treasurer
§ 43-16-122. Bonds — of Whom Required
§ 43-16-123. Certificate of Membership
§ 43-16-124. Stock — Issuance Upon Payment — Voting Right Unaffected Where Held as Security
§ 43-16-125. Liability of Members for Debts
§ 43-16-126. Member or Stockholder Entitled to Only One Vote
§ 43-16-127. Preferred Stock — Redemption or Retirement
§ 43-16-129. Purchase of Its Common Stock by Association
§ 43-16-130. Removal of Officers or Directors
§ 43-16-131. Procedure for Removal of Directors Elected in a District
§ 43-16-132. Referendum of Policy Matters Upon Demand to Entire Membership
§ 43-16-133. Marketing Contracts With Association
§ 43-16-135. Purchase of Property With Preferred Stock
§ 43-16-137. Conflicting Laws Do Not Apply
§ 43-16-138. Exemptions of Agricultural Products Apply, Though in Possession of Association
§ 43-16-139. Association May Be Interested in Other Like Associations
§ 43-16-144. General Corporation Laws Applicable — Exception
§ 43-16-145. Annual Fee in Lieu of Other Taxes — Exception
§ 43-16-147. Combinations of Existing Corporations Into Associations — Amendment of Charters