Upon demand of one third (1/3) of the entire board of directors, any matter that has been approved or passed by the board must be referred to the entire membership or the stockholders for decision at the next special or regular meeting; provided, however, that a special meeting shall be called for the purpose.
Structure Mississippi Code
Title 79 - Corporations, Associations, and Partnerships
Chapter 19 - Agricultural Cooperative Marketing Associations
§ 79-19-1. Declaration of policy
§ 79-19-3. Definitions; nature of associations; short title
§ 79-19-13. Articles of association
§ 79-19-19. General and special meetings, how called
§ 79-19-21. Directors; election
§ 79-19-23. Election of officers
§ 79-19-27. Removal of officer or director
§ 79-19-29. Referendum may be had in certain cases
§ 79-19-31. Marketing contract
§ 79-19-37. Conflicting laws not to apply
§ 79-19-39. Limitation of the use of term "cooperative."
§ 79-19-41. Interest in other corporations or associations
§ 79-19-43. Contracts and agreements with other associations
§ 79-19-45. Association heretofore organized may adopt the provisions of this chapter
§ 79-19-47. How associations organized in another state may carry on business in this state
§ 79-19-51. Associations not in restraint of trade
§ 79-19-57. Cooperative marketing associations may maintain replevin
§ 79-19-59. Liquidated damages may be recovered
§ 79-19-61. Loan limited to 50 percent of capital and surplus