§18-441-820. Other considerations of directors.
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/ok/title-18-corporations/18-441-820·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
OTHER CONSIDERATIONS OF DIRECTORS. Unless the articles of organization otherwise provide, in considering the best interests of a limited cooperative association, a director of the association in discharging the duties of director, in conjunction with considering the long- and short-term interest of the association and its patron members, may consider:
(1)The interest of employees, customers, and suppliers of the association;
(2)The interest of the community in which the association operates; and
(3)Other cooperative principles and values that may be applied in the context of the decision. Added by Laws 2009, c. 68, § 85, eff. Jan. 1, 2010.