Rhode Island General Laws
Chapter 7-8 - Consumers’ Cooperatives
Section 7-8-1. - Short title.

§ 7-8-1. Short title.
This chapter may be cited as the “Consumer Cooperative Association Law”.
History of Section.P.L. 1947, ch. 1976, § 1; G.L. 1956, § 7-8-1.

Structure Rhode Island General Laws

Rhode Island General Laws

Title 7 - Corporations, Associations and Partnerships

Chapter 7-8 - Consumers’ Cooperatives

Section 7-8-1. - Short title.

Section 7-8-2. - Definitions.

Section 7-8-3. - Authorized purposes.

Section 7-8-4. - Application of general corporation law.

Section 7-8-5. - Federation and cooperation between associations.

Section 7-8-6. - Contents of articles of association.

Section 7-8-7. - Name of association.

Section 7-8-8. - Fee payable to secretary of state by nonstock corporation.

Section 7-8-9. - Amendment of articles.

Section 7-8-10. - Contents of bylaws.

Section 7-8-11. - Meetings of members.

Section 7-8-12. - Voting rights.

Section 7-8-13. - Proxy and mail votes.

Section 7-8-14. - Mail voting included in statutory provisions.

Section 7-8-15. - Apportionment of directors among units.

Section 7-8-16. - Restriction on dividends.

Section 7-8-17. - Membership of organizations — Payment of capital as prerequisite to membership.

Section 7-8-18. - Share and membership certificates.

Section 7-8-19. - Application of corporation and franchise taxes to associations without stock.

Section 7-8-20. - Association’s preemptive right to repurchase shares.

Section 7-8-21. - Transfer of holdings.

Section 7-8-22. - Recall of shares.

Section 7-8-23. - Impairment of solvency prohibited.

Section 7-8-24. - Expulsion of members.

Section 7-8-25. - Exemption of holdings from attachment.

Section 7-8-26. - Apportionment of net savings.

Section 7-8-27. - Contents of annual report.

Section 7-8-28. - Distribution of assets on dissolution.

Section 7-8-29. - Bonding of officers and employees.

Section 7-8-30. - Annual audit of books.

Section 7-8-31. - Exemption from securities law.

Section 7-8-32. - Acceptance of chapter by cooperatives formed under other law.

Section 7-8-33. - Use of word “cooperative”.

Section 7-8-34. - Inapplicable law.

Section 7-8-35. - Severability.