17-1506. Articles of incorporation.
17-1506
17-1506. Articles of incorporation.
The stockholders of any such cooperative corporation shall
sign written articles of incorporation which
shall contain: The name of the corporation; the names and residence of the
persons forming such corporation; the purpose of the
organization; the principal
place of business; the amount of capital stock; the number of shares and
the par value of each share; the number of directors and the names of those
selected for the first term; and the time for which the corporation is
to
continue, not to exceed 50 years.
History: L. 1913, ch. 137, § 2;
R.S. 1923, 17-1506;
L. 2000, ch. 39, § 2; July 1.