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PART I
TITLE XXII
CHAPTER 157A
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PART I
ADMINISTRATION OF THE GOVERNMENT
(Chapters 1 through 182)
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TITLE XXII
CORPORATIONS
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CHAPTER 157A
EMPLOYEE COOPERATIVE CORPORATIONS
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Section 1
Short title
Section 2
Definitions
Section 3
Corporations organized under chapter 156D; election to be governed as employee cooperative
Section 4
Revocation of election
Section 5
Corporate name
Section 6
Members; membership shares; fees; rights and responsibilities
Section 7
Voting shares; by-laws; amendment of articles of organization
Section 8
Net earnings or losses; apportionment, distribution and payment
Section 9
Internal capital accounts; recall or redemption of shares; interest; collective reserve account
Section 10
Internal capital account cooperatives
Section 11
Conversion of membership shares and internal capital accounts upon revocation of election; consolidation or merger
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