(a) The articles of termination shall be filed with the secretary of state upon the dissolution and the completion of winding up the cooperative.

Terms Used In Tennessee Code 43-38-1012

  • articles of organization: means articles of organization as originally filed and subsequently amended. 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
  • Filed with the secretary of state: means that a document meeting the applicable requirements of this chapter, signed and accompanied by the required filing fee, has been delivered to the secretary of state of this state. See Tennessee Code 43-38-103
  • Person: includes a corporation, firm, company or association. See Tennessee Code 1-3-105
  • Termination: means the end of a cooperative's existence as a legal entity and occurs when the articles of termination are filed with the secretary of state under §. See Tennessee Code 43-38-103
(b) Articles of termination shall set forth:

(1) The name of the cooperative;
(2) The date of filing of its articles of organization;
(3) The reason for the filing of the articles of termination;
(4) Whether known and potential creditors and claimants have been notified of the dissolution under § 43-38-1010; and
(5) Any other information that the person filing the articles of termination determines necessary or desirable to include.