17-1610.   Meetings; notice.In its bylaws each association shall provide for one or more regular meetingsannually. The board of directors shall have the right to call a special meetingat any time, and 10% of the members or voting stockholders may file a petitionstating the specific business to be brought before the association and demand aspecial meeting at any time. Such meeting must thereupon be called by thedirectors and held within 60 days of receipt of such demand by an officer ofthe cooperative. Notice of all meetings, together with a statement of thepurposes, which may be brought before the members or common stockholders, shallbe 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.