§421-10  Members.  (a)  An association
may admit as members only bona fide producers of agricultural products,
including tenants and landlords receiving a share of the crop, and cooperative
associations of the producers.  The incorporators named in the articles are
thereby made members of the association, and they shall pay for their
membership or stock the same amount and in the same manner as may be required
in the case of other members.



(b)  The articles may limit the amount of
common stock which a member may own.



(c)  Under the terms and conditions prescribed
in the bylaws, a member shall lose the member's membership if the member ceases
to belong to the class eligible to membership under this section, but the
member shall remain subject to any liability incurred by the member while a
member of the association.



(d)  No member shall be personally liable for
any debt or liability of the association.



(e)  Unless the articles otherwise provide, no
member shall have more than one vote. [L 1949, c 234, pt of §1; RL 1955,
§176-11; HRS §421-10; gen ch 1985]