§ 7-8-10 — § 7-8-10. Contents of bylaws.

Rhode Island § 7-8-10

• Jurisdiction: Rhode Island
• Title 7: Corporations, Associations and Partnerships
• Ch. 7-8: Consumers’ Cooperatives

Text

§ 7-8-10. Contents of bylaws.

The bylaws may, in addition to the provisions permitted by § 7-1.2-203(a), except where inconsistent with this chapter, provide for:

(1) The method and terms of admission to membership and the disposal of members' interests on cessation of membership for any reason;

(2) The method of distributing the net savings of the association.

Legislative History

P.L. 1947, ch. 1976, § 9; G.L. 1956, § 7-8-10; P.L. 1985, ch. 2, § 1; P.L. 2005, ch. 36, § 6; P.L. 2005, ch. 72, § 6.