17-4615. Amendment of articles of incorporation.
17-4615
17-4615. Amendment of articles of incorporation.
A cooperative may amend its articles of incorporation in any manner not
inconsistent with this act by complying with the following requirements:
The proposed amendment shall be presented to a meeting of the members, the
notice of which shall set forth or have attached the proposed
amendment. If the proposed amendment, with any changes, is approved by the
affirmative vote of not less than 2/3 of those members
voting
at such meeting, articles of amendment shall be executed on behalf of the
cooperative by its president or
vice-president and attested by its
secretary. The articles of amendment shall recite that they are executed
pursuant to this act and shall state:
(1) The name of the cooperative;
(2) the address of its principal office; and
(3) the amendment to its articles of incorporation.
The president or vice-president executing such articles of amendment
shall make and annex thereto an affidavit stating that the provisions of
this section in respect of the amendment set forth in such articles were
duly complied with.
History: L. 1941, ch. 185, § 15;
L. 2000, ch. 39, § 10; July 1.