Member’s interest.

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MEMBER’S INTEREST. A member’s interest:

(1) Is personal property;

(2) Consists of:

  • (A)governance rights;
  • (B)financial rights; and
  • (C)the right or obligation, if any, to do business with the limited cooperative association; and

(3) May be in certificated or uncertificated form.

Added by Laws 2009, c. 68, § 57, eff. Jan. 1, 2010.


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