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Code · Delaware · Title 6 — Commerce and Trade · Chapter 14. Delaware Workers Cooperative Act

§ 1403. Members.

69 words·~1 min read·/de/title-6/chapter-14-delaware-workers-cooperative-act/1403·

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(a)The organizational documents shall establish qualifications and the method of acceptance and termination of members; provided however, that pursuant to the organizational documents, at least a majority of the members of a workers cooperative shall be employees of the workers cooperative.
(b)Except as otherwise provided in the organizational documents, at least a majority of the employees of the workers cooperative shall be members of the workers cooperative.
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