10-2067. Nonprofit operation
A cooperative shall be operated on a nonprofit basis for the mutual benefit of its members and patrons. The by-laws of a cooperative or its contracts with consumers shall contain such provisions relative to the disposition of revenues and receipts as may be necessary and appropriate to establish and maintain its nonprofit and cooperative character.
Section: Previous 10-2060 10-2061 10-2062 10-2063 10-2064 10-2065 10-2066 10-2067 10-2068 10-2069 10-2070 10-2073 10-2077 10-2078 10-2079 NextLast modified: October 13, 2016