§ 10-15-38 — Filing amendments - Limitation of action

1. Amendments to articles must be signed and acknowledged by an officer of the
cooperative and set forth:
a. The name of the cooperative.
b. The amendments and date of adoption.
c. The number of members.
d. The number of members voting for and against the amendment.
2. One copy of the amendment must be retained in the records of the association, and
one copy must be filed in the office of the secretary of state.
3. No amendment may affect any existing claim for relief or proceedings to which the
cooperative is a party or existing rights of persons other than members or
stockholders.
4. No action may be maintained to invalidate any amendment because of the manner of
its adoption unless commenced within two years after the date of filing.
5. A cooperative that amends its name and is the owner of a service mark, trademark, or
trade name, is a general partner named in a fictitious name certificate, or is a general
partner in a limited partnership which is on file with the secretary of state, must change
or amend its name in each registration when it files an amendment.