10-2064. Bylaws


The board of directors shall adopt the first bylaws of a cooperative to be adopted
following incorporation, conversion, merger or consolidation. Thereafter either the
board of directors or the members may amend or repeal the bylaws. The bylaws shall set
forth the rights and duties of members and directors and may contain other provisions for
the regulation and management of the affairs of the cooperative not inconsistent with
this article or with its articles of incorporation.