17-1610. Meetings; notice.
17-1610
17-1610. Meetings; notice.
In its bylaws each association shall provide for one or more regular meetings
annually. The board of directors shall have the right to call a special meeting
at any time, and 10% of the members or voting stockholders may file a petition
stating the specific business to be brought before the association and demand a
special meeting at any time. Such meeting must thereupon be called by the
directors and held within 60 days of receipt of such demand by an officer of
the cooperative. Notice of all meetings, together with a statement of the
purposes, which may be brought before the members or common stockholders, shall
be mailed to each member at least 10 days prior to the meeting.
History: L. 1921, ch. 148, § 10; R.S. 1923, 17-1610; L. 1992, ch.
227, § 10; July 1.