Effective - 28 Aug 1939
274.050. Membership certificate — liabilities — voting rights. — 1. When a member of an association has paid his membership fee in full, he shall receive a certificate of membership.
2. No member shall be liable for the debts of the association to an amount exceeding the sum remaining unpaid on his marketing contract.
3. No member shall be entitled to more than one vote.
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(RSMo 1939 § 14345)
Prior revision: 1929 § 12687
Structure Missouri Revised Statutes
Title XVII - Agriculture and Animals
Chapter 274 - Cooperative Marketing Associations
Section 274.010 - Title of law.
Section 274.020 - Definitions.
Section 274.040 - Members — qualifications — proxies — joint associations.
Section 274.050 - Membership certificate — liabilities — voting rights.
Section 274.060 - Powers of associations.
Section 274.070 - Articles of incorporation.
Section 274.080 - Articles of incorporation may be amended.
Section 274.090 - Bylaws of association.
Section 274.100 - Meetings of association.
Section 274.110 - Directors to manage affairs of association.
Section 274.120 - Officers elected by directors.
Section 274.130 - Officers and employees to give bonds.
Section 274.140 - Charges made in writing — removals, how made.
Section 274.150 - Decisions by directors referred to members, how.
Section 274.160 - Annual reports — contents.
Section 274.170 - Fee for filing incorporation papers — amendments.
Section 274.180 - Fees paid in lieu of other license or tax.
Section 274.190 - Previously organized associations may use provisions of this chapter — procedure.
Section 274.200 - Marketing contracts — provisions.
Section 274.210 - Marketing contracts — enforcement.
Section 274.220 - Membership in other corporations — functions.
Section 274.230 - Two or more associations may act jointly.
Section 274.240 - Association of other state may do business in state, when.
Section 274.250 - Use of words "nonprofit cooperative" prohibited.
Section 274.260 - Efforts to break contract a misdemeanor.
Section 274.270 - Soliciting breach of contract — liability.
Section 274.280 - Association not guilty of conspiracy, or illegal monopoly.
Section 274.290 - General corporation laws apply to association — exceptions.
Section 274.300 - Provisions of law in conflict not applicable — exemptions.