Member's interest.

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(1) A member's interest: (a) Is personal property; (b) Consists of:

  1. Governance rights;

  2. Financial rights; and

  3. The right or obligation, if any, to do business with the limited cooperative association; and

(c) May be in certificated or uncertificated form.

Source: L. 2011: Entire article added, (SB 11-191), ch. 197, p. 786, § 1, effective April 2, 2012.


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