17-1506.   Articles of incorporation.The stockholders of any such cooperative corporation shallsign written articles of incorporation whichshall contain: The name of the corporation; the names and residence of thepersons forming such corporation; the purpose of theorganization; the principalplace of business; the amount of capital stock; the number of shares andthe par value of each share; the number of directors and the names of thoseselected for the first term; and the time for which the corporation istocontinue, not to exceed 50 years.

      History:   L. 1913, ch. 137, § 2;R.S. 1923, 17-1506;L. 2000, ch. 39, § 2; July 1.