§ 7-6.1-12. Termination of proprietary leases.
A cooperative housing corporation may terminate all of its proprietary leases, but only by agreement of proprietary lessees holding at least eighty percent (80%) of its stock or any larger percentage than specified in the articles or bylaws.
History of Section.P.L. 1986, ch. 256, § 1.
Structure Rhode Island General Laws
Title 7 - Corporations, Associations and Partnerships
Chapter 7-6.1 - Cooperative Housing Corporations
Section 7-6.1-1. - Purpose of chapter.
Section 7-6.1-3. - Cooperative housing corporations subject to certain laws.
Section 7-6.1-4. - Definitions.
Section 7-6.1-5. - Applicability of other laws — Conflict of laws.
Section 7-6.1-6. - Articles of organization.
Section 7-6.1-8. - Name — Forfeiture — Judicial action.
Section 7-6.1-9. - Power to make, amend, or repeal bylaws.
Section 7-6.1-10. - Articles or bylaws.
Section 7-6.1-11. - Net savings — Apportionment.