(a) The existence of a cooperative shall begin when the articles are filed with the secretary of state.

Terms Used In Tennessee Code 43-38-204

  • 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
(b) A cooperative shall have a perpetual duration unless the cooperative provides for a limited period of duration in the articles of organization.
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