Tennessee Statutes

§ 43-38-522 — Number of votes allowed - Time for voting - Method of voting - Members represented by delegates - Absentee ballots

Tennessee·Title 43
(a)A patron member of a cooperative is only entitled to one (1) vote on an issue to be voted upon by members holding patron membership interests, except that a patron member of a cooperative described in § 43-38-523 may be entitled to more than one (1) vote as provided in that section. On any matter of the cooperative, the entire patron members voting power shall be voted collectively based upon the vote of the majority of patron members' voting on the issue. A nonpatron member has the voting rights in accordance to the nonpatron membership interests as granted in the bylaws, subject to this chapter.
(b)A member or delegate may exercise voting rights on any matter that is before the members as prescribed in the articles or bylaws at a members' meeting from the time the member or delegate

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Tennessee § 43-38-522 (Number of votes allowed - Time for voting - Method of voting - Members represented by delegates - Absentee ballots) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Acts 2004, ch. 534, § 22.

Nearby Sections

15
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