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Chapter 7-8. Consumers’ Cooperatives

7-8-1. Short title.7-8-2. Definitions.7-8-3. Authorized purposes.7-8-4. Application of general corporation law.7-8-5. Federation and cooperation between associations.7-8-6. Contents of articles of association.7-8-7. Name of association.7-8-8. Fee payable to secretary of state by nonstock corporation.7-8-9. Amendment of articles.7-8-10. Contents of bylaws.7-8-11. Meetings of members.7-8-12. Voting rights.7-8-13. Proxy and mail votes.7-8-14. Mail voting included in statutory provisions.7-8-15. Apportionment of directors among units.7-8-16. Restriction on dividends.7-8-17. Membership of organizations — Payment of capital as prerequisite to membership.7-8-18. Share and membership certificates.7-8-19. Application of corporation and franchise taxes to associations without stock.7-8-20. Association’s preemptive right to repurchase shares.7-8-21. Transfer of holdings.7-8-22. Recall of shares.7-8-23. Impairment of solvency prohibited.7-8-24. Expulsion of members.7-8-25. Exemption of holdings from attachment.7-8-26. Apportionment of net savings.7-8-27. Contents of annual report.7-8-28. Distribution of assets on dissolution.7-8-29. Bonding of officers and employees.7-8-30. Annual audit of books.7-8-31. Exemption from securities law.7-8-32. Acceptance of chapter by cooperatives formed under other law.7-8-33. Use of word “cooperative”.7-8-34. Inapplicable law.7-8-35. Severability.

Rhode Island General Laws/Title 7/Chapter 7-8/Section 7-8-35

R.I. Gen. Laws § 7-8-35. Severability.

PreviousR.I. Gen. Laws § 7-8-34. Inapplicable law.

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