A cooperative amending its articles of organization shall deliver to the secretary of state for filing articles of amendment setting forth:

(1) The name of the cooperative;
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Terms Used In Tennessee Code 43-38-403

  • Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
  • articles of organization: means articles of organization as originally filed and subsequently amended. See Tennessee Code 43-38-103
  • board of directors: means the board of directors of a cooperative. See Tennessee Code 43-38-103
  • Cooperative: means an association organized under this title conducting business on a cooperative plan as provided under this chapter. See Tennessee Code 43-38-103
  • Member: means a person or entity reflected on the books of the cooperative as the owner of governance rights of a membership interest of the cooperative and includes patron and nonpatron members. See Tennessee Code 43-38-103
  • Secretary of state: means the person who holds the office of secretary of state of Tennessee. See Tennessee Code 43-38-103
(2) The text of each amendment adopted;
(3) The date of each amendment’s adoption;
(4) If an amendment was duly adopted by the board of directors without member action, a statement to that effect and that member action was not required; and
(5) If an amendment was duly adopted by the members, a statement to that effect.
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