Arizona Statutes
§ 10-2060 — Members in cooperative
Arizona·Title 10 Arizona Revised Statutes·Ch. 19 NOT FOR PROFIT CORPORATIONS AND ASSOCIATIONS, COOPERATIVES AND FRATERNAL AND BENEVOLENT SOCIETIES·Art. 2 Electric Cooperative Nonprofit Membership Corporations
Each incorporator of a cooperative shall be a member of the cooperative, but no other person may become a member unless the person agrees to use electric energy or other services furnished by the cooperative as the cooperative establishes in its bylaws. A husband and wife may hold a joint membership in a cooperative. Membership in a cooperative is not transferable, except as provided in the bylaws. The bylaws may prescribe additional qualifications, limitations, classifications and rights concerning membership.
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Nearby Sections
15
§ 10-1001
Authority to amend§ 10-1002
Amendment by board of directors§ 10-1005
Amendment before issuance of shares§ 10-1006
Articles of amendment§ 10-1007
Restated articles of incorporation§ 10-1008
Amendment pursuant to reorganization§ 10-1009
Effect of amendments§ 10-11001
Authority to amend§ 10-11002
Amendment by board of directors