Tennessee Statutes
§ 43-38-602 — Agency of members in the cooperative
Tennessee § 43-38-602
JurisdictionTennessee
Title43
This text of Tennessee § 43-38-602 (Agency of members in the cooperative) is published on Counsel Stack Legal Research, covering Tennessee primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Tenn. Code Ann. § 43-38-602 (2026).
Text
(a)Unless the articles provide otherwise, no member is an agent of the cooperative for the purpose of its business, other than a member designated by the board of directors, including the execution in the cooperative name of any instrument, for apparently carrying on in the usual way the business of the cooperative of which the person is a member, and a member does not bind the cooperative, unless the member so acting has in fact the authority to act for the cooperative in the particular matter.
(b)Unless the articles provide otherwise, the following persons are agents of the cooperative and may legally bind the cooperative, subject to the limitation on these persons contained in this chapter:
(1)The president;
(2)A person designated in the articles or the bylaws as being so authorized
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Legislative History
Acts 2004, ch. 534, § 24.
Nearby Sections
15
§ 43-1-101
Qualifications of commissioner§ 43-1-106
Duties of commissioner§ 43-1-107
Annual planting and harvest seasons§ 43-1-113
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Definition of livestock - Applicability§ 43-1-502
Administration of museum§ 43-1-503
Operation of museum - Annual reports§ 43-1-601
Creation§ 43-1-602
Board - Members§ 43-1-603
Terms of membersCite This Page — Counsel Stack
Bluebook (online)
Tennessee § 43-38-602, Counsel Stack Legal Research, https://law.counselstack.com/statute/tn/43-38-602.