ยง421C-37 - Existing cooperatives.
ยง421C-37ย Existing cooperatives.ย Any
domestic corporation or group operating on a cooperative basis as defined in
section 421C-1 may elect by a vote of two-thirds of the members present and
voting to secure the benefits of and be bound by this chapter, and shall
thereupon file such papers or amend such of its articles and bylaws as are not
in conformity with these provisions.ย A certified copy of any amended articles
shall be filed with the director of commerce and consumer affairs and a fee of
$25 shall be paid. [L 1982, c 97, pt of ยง2 and c 204, ยง8; am L 1983, c 124,
ยง17; am L 1984, c 217, ยง9]