Except as otherwise provided by statute, each member of a cooperative corporation shall have one vote, unless the corporation is organized on the basis of interests in real property or market shares or similar divisions of useful property or cooperative activity, in which case the articles or a bylaw adopted by the members may provide for voting on the basis of apartment units or market shares or other similar units of useful property or cooperative activity.
Structure Pennsylvania Consolidated & Unconsolidated Statutes
Pennsylvania Consolidated & Unconsolidated Statutes
Title 15 - CORPORATIONS AND UNINCORPORATED ASSOCIATIONS
Chapter 71 - Cooperative Corporations Generally
Section 7101 - Short title of subpart
Section 7102 - Cooperative corporations generally
Section 7103 - Use of term "cooperative" in corporate name
Section 7104 - Election of an existing business corporation to become a cooperative corporation
Section 7105 - Termination of status as a cooperative corporation for profit
Section 7106 - Election of an existing nonprofit corporation to become a cooperative corporation
Section 7107 - Termination of nonprofit cooperative corporation status
Section 7121 - Cooperative contracts generally
Section 7122 - Notice of cooperative contracts
Section 7123 - Filing procedures
Section 7124 - Relief against breach or threatened breach of contract; penalty for interference
Section 7125 - Action for civil penalty for inducing breach or spreading false reports