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Part 1 - General Provisions
§ 7-56-101. Short Title - This article shall be known and may be cited as...
§ 7-56-102. Legislative Declaration - Source: L. 96: Entire article R&RE, p. 478, § 1,...
§ 7-56-103. Definitions - As used in this article, unless the context otherwise requires:...
§ 7-56-104. Filings by the Secretary of State - Source: L. 96: Entire article R&RE, p. 481, § 1,...
§ 7-56-106. Periodic and Other Reports - Source: L. 96: Entire article R&RE, p. 483, § 1,...
§ 7-56-107. Cooperative Records - Source: L. 96: Entire article R&RE, p. 483, § 1,...
Part 2 - Incorporation
§ 7-56-201. Articles of Incorporation - Source: L. 96: Entire article R&RE, p. 484, § 1,...
§ 7-56-202. Amendment of Articles - (1.5) If a cooperative has not issued memberships or shares...
§ 7-56-203. Restated Articles - Source: L. 96: Entire article R&RE, p. 487, § 1,...
§ 7-56-204. Cooperatives Desiring to Relinquish Provisions of This Article - Source: L. 96: Entire article R&RE, p. 488, § 1,...
§ 7-56-205. Entities Formed Under Other Law but Subject to This Article - Any domestic entity or foreign entity authorized to transact business...
§ 7-56-208. Bylaws - Source: L. 96: Entire article R&RE, p. 490, § 1,...
§ 7-56-209. Agricultural Marketing Cooperatives - Source: L. 96: Entire article R&RE, p. 492, § 1,...
§ 7-56-210. Renewable Energy Cooperatives - Source: L. 2004: Entire section added, p. 1121, § 1,...
Part 3 - Members and Ownership
§ 7-56-301. Members - Source: L. 96: Entire article R&RE, p. 493, § 1,...
§ 7-56-302. Member Meetings - How Called - Notice - Source: L. 96: Entire article R&RE, p. 495, § 1,...
§ 7-56-303. Members' List for Meeting - Source: L. 96: Entire article R&RE, p. 495, § 1,...
§ 7-56-304. Quorum - Source: L. 96: Entire article R&RE, p. 497, § 1,...
§ 7-56-305. Member Voting - Source: L. 96: Entire article R&RE, p. 497, § 1,...
§ 7-56-306. Reserves, Distributions, and Patronage Refunds - Source: L. 96: Entire article R&RE, p. 498, § 1,...
§ 7-56-307. Inspection of Cooperative Records by Member - Source: L. 96: Entire article R&RE, p. 499, § 1,...
§ 7-56-308. Scope of Member's Inspection Right - Source: L. 96: Entire article R&RE, p. 500, § 1,...
§ 7-56-309. Court-Ordered Inspection - Source: L. 96: Entire article R&RE, p. 500, § 1,...
Part 4 - Officers and Elections
§ 7-56-401. Directors - Elections - Remuneration - Vacancy - Source: L. 96: Entire article R&RE, p. 501, § 1,...
§ 7-56-402. Officers - Titles - Election - Duties and Authority - Removal - Source: L. 96: Entire article R&RE, p. 502, § 1,...
§ 7-56-403. Procedures for Meetings of the Board of Directors - Source: L. 96: Entire article R&RE, p. 502, § 1,...
§ 7-56-404. Removal of Director by the Membership or the Board - Source: L. 96: Entire article R&RE, p. 503, § 1,...
§ 7-56-405. Removal of Director by Judicial Proceeding - Source: L. 96: Entire article R&RE, p. 504, § 1,...
§ 7-56-406. Indemnification and Personal Liability of Directors, Officers, Employees, and Agents - Source: L. 96: Entire article R&RE, p. 504, § 1,...
§ 7-56-407. Persons to Be Bonded - At the discretion of the board of a cooperative, any...
§ 7-56-409. Registered Agent - Service of Process - Part 7 of article 90 of this title, providing for...
Part 5 - Powers and Purposes: Application of Other Laws
§ 7-56-501. Powers - (aa.5) To adopt a trade name; Source: L. 96: Entire...
§ 7-56-502. Marketing or Purchasing Contracts - Cooperatives limiting membership to agricultural producers may make and execute...
§ 7-56-503. Remedies for Breach of Marketing or Purchasing Contract - Source: L. 96: Entire article R&RE, p. 510, § 1,...
§ 7-56-504. Inducing Breach of Marketing or Purchasing Contract - Any person who knowingly induces any member of an agricultural...
§ 7-56-505. Purchases of Property or Other Interests - If a cooperative with preferred stock or preferred equity purchases...
§ 7-56-506. Warehouse Receipts - Interest in Warehouse Entities - If a cooperative formed under or that has elected to...
§ 7-56-507. Application of Other Laws - Source: L. 96: Entire article R&RE, p. 511, § 1,...
§ 7-56-508. Cooperatives Not in Restraint of Trade - No cooperative formed under or subject to this article shall...
§ 7-56-509. Exemption From Securities Laws - Any security, patronage refund, per unit retain certificate, capital credit,...
§ 7-56-510. Renewable Energy Cooperatives - Powers - Source: L. 2004: Entire section added, p. 1122, § 2,...
Part 6 - Property Encumbrances, Business Combinations, and Property Sales
§ 7-56-601. Encumbering Property - The board of a cooperative has full power and authority,...
§ 7-56-602. Merger, Conversion, or Consolidation or Share or Equity Capital Exchange - Source: L. 96: Entire article R&RE, p. 512, § 1,...
§ 7-56-603. Procedure for Consolidation, Share or Equity Capital Exchange, Conversion, and Merger - (2.3) A plan of conversion shall comply with section 7-90-201.3....
§ 7-56-604. Merger of Parent and Subsidiary - Source: L. 96: Entire article R&RE, p. 514, § 1,...
§ 7-56-604.5. Statement of Merger or Conversion - Source: L. 2004: Entire section added, p. 1415, § 55,...
§ 7-56-605. Statement of Consolidation or Share or Equity Capital Exchange - Source: L. 96: Entire article R&RE, p. 515, § 1,...
§ 7-56-606. Effect of Merger, Conversion, Consolidation, or Share or Equity Capital Exchange - Source: L. 96: Entire article R&RE, p. 515, § 1,...
§ 7-56-606.5. Merger With Foreign Entity - Source: L. 2007: Entire section added, p. 222, § 7,...
§ 7-56-607. Consolidation or Share or Equity Capital Exchange With Foreign Business - Source: L. 96: Entire article R&RE, p. 516, § 1,...
§ 7-56-608. Dissenters' Rights - Definitions - Source: L. 96: Entire article R&RE, p. 517, § 1,...
§ 7-56-609. Sale or Other Disposition of Property Without Member Approval - Source: L. 96: Entire article R&RE, p. 520, § 1,...
§ 7-56-610. Sale or Other Disposition of Property Requiring Member Approval - Source: L. 96: Entire article R&RE, p. 520, § 1,...
Part 7 - Dissolution
§ 7-56-701. Authorization of Dissolution Before Issuance of Memberships - If a cooperative has not yet issued memberships, a majority...
§ 7-56-702. Authorization of Dissolution After Issuance of Memberships - Source: L. 96: Entire article R&RE, p. 522, § 1,...
§ 7-56-703. Articles of Dissolution - Source: L. 96: Entire article R&RE, p. 523, § 1,...
§ 7-56-705. Effect of Dissolution - Source: L. 96: Entire article R&RE, p. 525, § 1,...
§ 7-56-714. Grounds for Judicial Dissolution - Source: L. 96: Entire article R&RE, p. 531, § 1,...
§ 7-56-715. Procedure for Judicial Dissolution - Source: L. 96: Entire article R&RE, p. 532, § 1,...
§ 7-56-716. Receivership or Custodianship - Source: L. 96: Entire article R&RE, p. 533, § 1,...
§ 7-56-717. Decree of Dissolution - Source: L. 96: Entire article R&RE, p. 533, § 1,...
§ 7-56-718. Certain Assignments of Assets in Dissolution - In the winding up of the affairs of a cooperative...
Part 8 - Foreign Cooperatives
§ 7-56-801. Authority to Transact Business or Conduct Activities Required - Part 8 of article 90 of this title, providing for...
§ 7-56-802. Registered Agent - Service of Process - Part 7 of article 90 of this title, providing for...
Part 9 - Transition Provisions
§ 7-56-901. Application to Existing Cooperatives - Source: L. 96: Entire article R&RE, p. 542, § 1,...