§ 17-10-202 — Definitions

Wyoming § 17-10-202

• Jurisdiction: Wyoming
• Title 17: Corporations, Partnerships and Associations
• Ch. 10: COOPERATIVE MARKETING ASSOCIATIONS
• Art. 2: PROCESSING COOPERATIVE

Text

(a) As used in this article:
(i) "Address" means mailing address, including a zip
code. In the case of a registered address, the term means the
mailing address and the actual office location, which may not be
a post office box;
(ii) "Articles" means the articles of organization of
a cooperative as originally filed and subsequently amended;
(iii) "Association" means an organization conducting
business on a cooperative plan under the laws of this state or
another state that is chartered to conduct business under other
laws of this state or another state;
(iv) "Board" means the board of directors of a
cooperative;
(v) "Business entity" means a company, limited
liability company, limited liability partnership or other legal
entity, whether domestic or foreign, association or body vested
with the power or function of a legal entity;
(vi) "Cooperative" means an association organized
under this article conducting business on a cooperative plan as
provided under this article;
(vii) "Domestic business entity" means a business
entity organized under the laws of this state;
(viii) "Filed with the secretary of state" means that
a document meeting the applicable requirements of this article,
signed and accompanied by the required filing fee, has been
delivered to the secretary of state of this state. The
secretary of state shall endorse on the document the word
"Filed" or a similar word determined by the secretary of state
and the month, day, and year of filing, record the document in
the office of the secretary of state, and return a document to
the person or entity who delivered it for filing;
(ix) "Foreign business entity" means a business
entity that is not a domestic business entity;
(x) "Member" means a person or entity reflected on
the books of the cooperative as the owner of governance rights
of a membership interest of the cooperative and includes patron
and nonpatron members;
(xi) "Membership interest" means a member's interest
in a cooperative consisting of a member's financial rights, a
member's right to assign financial rights, a member's governance
rights and a member's right to assign governance rights.
Membership interest includes patron membership interests and
nonpatron membership interests;
(xii) "Members' meeting" means a regular or special
members' meeting;
(xiii) "Nonpatron membership interest" means a
membership interest that does not require the holder to conduct
patronage business for or with the cooperative to receive
financial rights or distributions;
(xiv) "Patron" means a person or entity who conducts
patronage business with the cooperative;
(xv) "Patronage" means business, transactions, or
services done for or with the cooperative as defined by the
cooperative;
(xvi) "Patron member" means a member holding a patron
membership interest;
(xvii) "Patron membership interest" means the
membership interest requiring the holder to conduct patronage
business for or with the cooperative, as specified by the
cooperative to receive financial rights or distributions;
(xviii) "Signed" means that the signature of a person
has been written on a document, and, with respect to a document
required by this article to be filed with the secretary of
state, means that the document has been signed by a person
authorized to do so by this article, the articles or bylaws, or
by a resolution approved by the directors or the members. A
signature on a document may be a facsimile affixed, engraved,
printed, placed, stamped with indelible ink, transmitted by
facsimile or electronically or in any other manner reproduced on
the document;
(xix) "The act" means W.S. 17-10-201 through