Cooperative interests in other business entity, representative at business meeting of other entity permitted.

Checkout our iOS App for a better way to browser and research.

Effective - 28 Aug 2011

351.1126. Cooperative interests in other business entity, representative at business meeting of other entity permitted. — A cooperative that holds ownership interests of another business entity may, by direction of the board, elect or appoint a person to represent the cooperative at a meeting of the business entity. The representative shall have authority to represent the cooperative and may cast the cooperative's vote at the business entity's meeting.

­­--------

(L. 2011 S.B. 366)


Download our app to see the most-to-date content.