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Chapter 421C

33 sections

§421C-1 Definitions

§421C-2 What an association can be created for

§421C-3 How housing cooperatives are organized and can change type

§421C-11 State forms for condo documents

§421C-11.5 What must be in the articles of a cooperative association

§421C-12 What must be in the association's bylaws

§421C-13 How member meetings and voting can be arranged

§421C-14 Each member gets one vote

§421C-15 Members cannot vote by proxy

§421C-16 Voting by mail for absent members

§421C-17 Removing a director from an agricultural cooperative

§421C-18 Removal of officers

§421C-19 Limits on interest-dividends and unclaimed amounts

§421C-20 Voting and holding office before paying in full

§421C-21 Rules for issuing stock and membership certificates

§421C-22 Leaving or selling your membership in a housing cooperative

§421C-23 When the association can buy back your membership

§421C-24 How the association can expel a member

§421C-25 How the cooperative shares its yearly savings

§421C-26 Cooperative agreements

§421C-27 Bonding for managers who handle money

§421C-28 Association books and annual review rules

§421C-29 Annual report filing rules for associations

§421C-30 Rules for closing down a housing cooperative

§421C-31 Merger rules for cooperatives follow corporation law

§421C-32 Associations and agreements are not in restraint of trade

§421C-33 Volunteers are not employees of the association

§421C-34 Use of the word 'cooperative'

§421C-35 This chapter wins over other laws

§421C-36 Voting stock is exempt from registration

§421C-37 How existing cooperatives can choose to follow this law

§421C-41 Electric cooperatives must report unclaimed property

§421C-42 What happens to non-escheat patronage refunds