Rhode Island § 7-8-24 § 7-8-24. Expulsion of members.

Rhode Island Statutes

§ 7-8-24 — § 7-8-24. Expulsion of members.

Rhode Island § 7-8-24

Title 7Corporations, Associations and Partnerships

Ch. 7-8Consumersâ€™ Cooperatives

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Bluebook

R.I. Gen. Laws § 7-8-24 (2026).

Text

§ 7-8-24. Expulsion of members.
The bylaws may make provision for the expulsion of members by a two-thirds (â…”) vote
            of the members present at a regular or special meeting. The bylaws shall provide for
            the giving to a member of written notice of the charges against him or her at least
            three (3) weeks in advance of the meeting. The member shall have opportunity to be
            heard in person, or by counsel, at the meeting. On decision of the association to
            expel a member, the board of directors shall purchase the member's holdings at par
            value, when there are sufficient reserve funds.
         

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§ 7-8-24. Expulsion of members.

The bylaws may make provision for the expulsion of members by a two-thirds (â…”) vote of the members present at a regular or special meeting. The bylaws shall provide for the giving to a member of written notice of the charges against him or her at least three (3) weeks in advance of the meeting. The member shall have opportunity to be heard in person, or by counsel, at the meeting. On decision of the association to expel a member, the board of directors shall purchase the member's holdings at par value, when there are sufficient reserve funds.