§1641. Eligibility and admission to membership
74 words·~1 min read·
/me/title-13-corporations/chapter-85-cooperatives/1641·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Any natural person, association, incorporated or unincorporated group organized on a cooperative basis or any nonprofit group shall be eligible for membership in an association, if it has met the qualifications for eligibility, if any, stated in the articles or bylaws and shall be deemed a member upon payment in full for the par value of the minimum amount of share or membership capital stated in the articles as necessary to qualify for membership.