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Session Laws, 1985
Volume 760, Page 687   View pdf image
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HARRY HUGHES, Governor                                        687

(d) (2) The charter or bylaws of the corporation may
provide that if the board of directors adopts a resolution under
[subsection (d)] PARAGRAPH (1) of this [section] SUBSECTION the
resolution shall be subject to approval of the stockholders in
the manner and by the vote specified in the charter or the
bylaws.

5-109.

(a)  The corporate name of a professional corporation shall
contain the:

(1)

(2)

(3)

(4)

(5)

5-529.

(b)  The annual report shall contain:

(1)  The name and principal office of the cooperative;

(2)  A description of its business, including:

(i) The association's annual financial
statements consisting of a balance sheet;

(ii) A statement of income and expenses or a
statement of changes in financial position; AND

(iii) The number of members or stockholders as
of the close of its fiscal year.

5-6A-06.

(c)  A nonstock voting [membership] MEMBERSHIP:

(1) Shall be continuing unless terminated by:

(i) A written request from the member;

(ii) Failure to patronize the facilities or to
vote in any election of the consumer cooperative for three
consecutive years; or

(iii) Failure to comply with the articles of
incorporation, bylaws, subscription agreement, or occupancy
agreement of the cooperative after receiving any notice required
by the cooperative documents.

Word ["chartered"] "CHARTERED";

Words "professional [association"] ASSOCIATION";

Abbreviation ["P.A."] "P.A.";

Words "professional corporation"; or

Abbreviation ["P.C."] "P.C.".

 

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Session Laws, 1985
Volume 760, Page 687   View pdf image
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