§ 7-6-15 — § 7-6-15. Members.
This text of Rhode Island § 7-6-15 (§ 7-6-15. Members.) is published on Counsel Stack Legal Research, covering Rhode Island primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Text
§ 7-6-15. Members.
A corporation may have one or more classes of members or may have no members. If the corporation has one or more classes of members, the designation of the class or classes; the manner of election or appointment; and the qualifications and rights of the members of each class shall be stated in the articles of incorporation or the bylaws. If the corporation has no members, that fact shall be stated in the articles of incorporation or the bylaws. A corporation may issue certificates evidencing membership. The directors, officers, employees, and members of the corporation are not liable on its obligations.
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Rhode Island § 7-6-15, Counsel Stack Legal Research, https://law.counselstack.com/statute/ri/7-6-15.