Delaware Statutes

§ 8509 — Adoption of bylaws

Delaware·Title 3·Part Cooperative Agricultural Associations or Corporations·Ch. 85 CORPORATION LAW FOR COOPERATIVE AGRICULTURAL ASSOCIATIONS·Subch. Formation, Powers, Bylaws and Dissolution
Within 30 days after the recording of the articles of association in the office of the recorder of deeds, as prescribed in § 8504 of this chapter, a call, signed by not less than a majority of the directors, shall be issued for a meeting of the common stockholders. At such meeting, or any adjourned session or sessions thereof, bylaws regulating the conduct and management of the association shall be adopted.

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Legislative History

41 Del. Laws, c. 132, § 11 ; 3 Del. C. 1953, § 8509

Nearby Sections

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