13 M.R.S. §1641: Eligibility and admission to membership
Where this section sits in the code
- TITLE 13: CORPORATIONS
- PART 2: CORPORATIONS WITHOUT CAPITAL
- CHAPTER 85: COOPERATIVES
- SUBCHAPTER 1: CONSUMER COOPERATIVES
- ARTICLE 4: MEMBERS
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.
Collected 2026-09-04T15:12:27Z. Source file · JSON