Tennessee Code 43-38-527 – Grouping of members

(a) A cooperative may group members and patron members into districts, units or another basis, if and as authorized in its articles and bylaws, which may include authorization for the board to determine the groupings.

Ask a business law question, get an answer ASAP!
Thousands of highly rated, verified business lawyers.
Click here to chat with a lawyer about your rights.

Terms Used In Tennessee Code 43-38-527

Bylaws: means a written agreement described in §. 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
Patron: means a person or entity who conducts patronage business with the cooperative. See Tennessee Code 43-38-103

(b) The board may do things necessary to implement the use of districts or units, including setting the time and place and prescribing the rules of conduct for holding meetings by districts or units to elect delegates to members’ meetings.

Previous section

Next section

Part 5 Contents

LawServer

Tennessee Code 43-38-527 – Grouping of members

Terms Used In Tennessee Code 43-38-527

Delius & McKenzie, PLLC

Rocky McElhaney Law Firm

Lowery Lowery & Cherry