499.15 Certificates of membership or stock.
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/ia/chapter-499-cooperative-associations/499-15·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The association may issue certificates of membership or stock, each of which states the fixed dividend, if any, and the restrictions or limitations upon its ownership, voting, transfer, redemption, or cancellation.
[C35, §8512-g15; C39, §8512.15; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §499.15]