Required Records and Information

  1. Law
  2. Tennessee Code
  3. Agriculture and Horticulture
  4. Tennessee Processing Cooperative Law
  5. General Provisions
  6. Required Records and Information

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A cooperative shall keep at its principal executive office, or at another place or places within the United States determined by the board:

  1. A current list of the full names and last-known business, residence or mailing addresses of the chief manager, secretary and each member and governor;
  2. A current list of the full name and last-known business, residence, or mailing address of each assignee of financial rights and a description of the rights assigned;
  3. A copy of the articles and all amendments to the articles;
  4. Copies of the currently effective bylaws and any agreements concerning classes or series of membership interests;
  5. Copies of the cooperative's federal, state, and local income tax returns and reports, if any, for the three (3) most recent years;
  6. Financial statements required by § 43-38-119 and accounting records of the cooperative;
  7. Records of all proceedings of members, if any;
  8. Any written consents obtained from members under this chapter;
  9. Records of all proceedings of the board of directors for the last three (3) years;
  10. A statement of all contributions accepted under § 43-38-501, the identity of the contribution and the agreed value of the contribution;
  11. A copy of all contribution agreements and contribution allowance agreements; and
  12. A copy of the cooperative's most recent annual report delivered to the secretary of state under § 43-38-120.


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