Rhode Island General Laws
Title 7 - Corporations, Associations and Partnerships
Chapter 7-8 - Consumers’ Cooperatives

Section 7-8-1. - Short title. - § 7-8-1. Short title. This chapter may be cited as...

Section 7-8-2. - Definitions. - § 7-8-2. Definitions. As used in this chapter, unless the...

Section 7-8-3. - Authorized purposes. - § 7-8-3. Authorized purposes. An association may be incorporated, with...

Section 7-8-4. - Application of general corporation law. - § 7-8-4. Application of general corporation law. (a) The provisions...

Section 7-8-5. - Federation and cooperation between associations. - § 7-8-5. Federation and cooperation between associations. In addition to...

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

Section 7-8-7. - Name of association. - § 7-8-7. Name of association. The name of the association...

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

Section 7-8-9. - Amendment of articles. - § 7-8-9. Amendment of articles. (a) The articles of association...

Section 7-8-10. - Contents of bylaws. - § 7-8-10. Contents of bylaws. The bylaws may, in addition...

Section 7-8-11. - Meetings of members. - § 7-8-11. Meetings of members. (a) Regular meetings of members...

Section 7-8-12. - Voting rights. - § 7-8-12. Voting rights. Each member of an association shall...

Section 7-8-13. - Proxy and mail votes. - § 7-8-13. Proxy and mail votes. (a) No member is...

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

Section 7-8-15. - Apportionment of directors among units. - § 7-8-15. Apportionment of directors among units. The bylaws may...

Section 7-8-16. - Restriction on dividends. - § 7-8-16. Restriction on dividends. The return upon capital shall...

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

Section 7-8-18. - Share and membership certificates. - § 7-8-18. Share and membership certificates. (a) No certificate for...

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

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

Section 7-8-21. - Transfer of holdings. - § 7-8-21. Transfer of holdings. If the association fails, within...

Section 7-8-22. - Recall of shares. - § 7-8-22. Recall of shares. The bylaws may give the...

Section 7-8-23. - Impairment of solvency prohibited. - § 7-8-23. Impairment of solvency prohibited. No purchase or recall...

Section 7-8-24. - Expulsion of members. - § 7-8-24. Expulsion of members. The bylaws may make provision...

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

Section 7-8-26. - Apportionment of net savings. - § 7-8-26. Apportionment of net savings. At least once a...

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

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

Section 7-8-29. - Bonding of officers and employees. - § 7-8-29. Bonding of officers and employees. Every individual acting...

Section 7-8-30. - Annual audit of books. - § 7-8-30. Annual audit of books. Every association shall have...

Section 7-8-31. - Exemption from securities law. - § 7-8-31. Exemption from securities law. The provisions of chapter...

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

Section 7-8-33. - Use of word “cooperative”. - § 7-8-33. Use of word “cooperative”. (a) Only associations organized...

Section 7-8-34. - Inapplicable law. - § 7-8-34. Inapplicable law. No law in this state that...

Section 7-8-35. - Severability. - § 7-8-35. Severability. If any provision of this chapter, or...