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Part 1 - General Provisions
§ 43-38-101. Short Title - This chapter shall be known and may be cited as...
§ 43-38-102. Reservation of Power to Amend or Repeal - The general assembly has the power to amend or repeal...
§ 43-38-103. Chapter Definitions - As used in this chapter, unless the context otherwise requires:
§ 43-38-112. Fees and Taxes - Cooperatives created pursuant to this chapter shall be subject to...
§ 43-38-118. Required Records and Information - A cooperative shall keep at its principal executive office, or...
§ 43-38-121. Indemnification - Subject to such standards and restrictions, if any, as are...
§ 43-38-124. Promulgation of Rules and Regulations — Destruction of Records - The secretary of state has the authority and is empowered...
§ 43-38-125. Deputies of the Secretary of State - An act of a duly authorized deputy of the secretary...
Part 2 - Organization of Cooperative
§ 43-38-201. Organizational Purpose - A cooperative may be formed and organized on a cooperative...
Part 3 - Bylaws -
Part 4 - Articles of Cooperative
§ 43-38-403. Filing of Amendments - A cooperative amending its articles of organization shall deliver to...
§ 43-38-406. Effect of Amendment on Cause of Action - An amendment to the articles does not affect a cause...
Part 5 - Membership
§ 43-38-505. Restrictions on Assignment of Governance Rights - In addition to restrictions set forth in this chapter, restrictions...
§ 43-38-506. When Assignment of Financial and Governance Rights Effective - Any permissible assignment of financial rights under § 43-38-503 and...
§ 43-38-507. Judgment Creditors of Members - On application to a court of competent jurisdiction by any...
§ 43-38-514. Failure to Receive Notice - Failure of a member to receive a special or regular...
§ 43-38-521. Proxy Voting Prohibited - Voting shall not be by proxy, except as provided in...
§ 43-38-525. Representative of the Cooperative at Meetings of Cooperative Owned Business Entities - A cooperative that holds ownership interests of another business entity...
§ 43-38-529. Member Liability - A member is not, merely on account of that status,...
Part 6 - Board of Directors and Officers
§ 43-38-603. Goverance of Cooperative - A cooperative shall be governed by its board of directors,...
§ 43-38-604. Qualifications of Directors - The articles of organization or bylaws may prescribe qualifications for...
§ 43-38-605. Number of Directors - The board shall have not less than three (3) directors.
§ 43-38-607. Filling Vacancies - If a patron member director's position becomes vacant for a...
§ 43-38-610. Compensation of Directors - Unless the articles or bylaws provide otherwise, the board of...
§ 43-38-618. Officers - The cooperative shall have a president and a secretary who...
§ 43-38-619. Election or Appointment of Officers - The board of directors shall elect or appoint, in a...
§ 43-38-620. Residency Requirements for Officers - Officers need not be residents of this state or members...
Part 7 - Derivative Proceedings
§ 43-38-701. Derivative Actions - A member may not commence a proceeding in the name...
§ 43-38-702. Complaint - A complaint in a proceeding brought in the name of...
§ 43-38-703. Court Approval Needed to Discontinue or Settle a Proceeding - A proceeding commenced under this part may not be discontinued...
§ 43-38-705. Equitable Relief - If a cooperative or an officer or director of the...
Part 8 - Dissenter's Rights
§ 43-38-801. Part Definitions - As used in this part, unless the context otherwise requires:
§ 43-38-808. Failure to Take Action - If the cooperative does not effectuate the proposed action that...
§ 43-38-813. Procedures as to Assignees of Financial Rights - When an assignment of some or all of the financial...
Part 9 - Contribution and Distribution -
Part 10 - Dissolution and Termination
§ 43-38-1003. Grounds for Administrative Dissolution - The secretary of state may commence a proceeding under §...
§ 43-38-1011. Claims Against Dissolving Cooperative - The claim of a creditor or claimant against a dissolving...
§ 43-38-1014. Termination of Existence - The existence of the cooperative is terminated upon the filing...
§ 43-38-1015. Dissolution Under the Supervision of the Court - After a notice of intent to dissolve has been filed...
§ 43-38-1016. Judicial Intervention - A court may grant any equitable relief it considers just...
§ 43-38-1021. Discontinuation of Dissolution for Lack of Cause - The involuntary or supervised voluntary dissolution of a cooperative may...
§ 43-38-1023. Certified Copy of Dissolution - After the court enters an order dissolving a cooperative, the...
§ 43-38-1025. Right to Sue or Defend After Dissolution - After a cooperative has been dissolved, any of its former...
Part 11 - Document Requirements
§ 43-38-1102. Forms and Filing Methods - The secretary of state may prescribe and furnish forms and...
§ 43-38-1103. Filing, Service and Copying Fees - Document Fee
§ 43-38-1107. Copy as Evidence - A certificate attached or certification affixed to a copy of...