NRS 81.929: Membership: Establishment of qualifications and method of acceptance, expulsion, termination and suspension; composition of members; effect of leave of absence; rights and responsibilities of members.

1. The articles of incorporation or bylaws of a worker cooperative must establish:

(a) The qualifications for membership, including, without limitation, that a member must be employed by the worker cooperative on a full- or part-time basis; and

(b) The method of acceptance, expulsion, termination and suspension of members.

2. At least 51 percent of the members of a worker cooperative must be employees of the worker cooperative.

3. An authorized and voluntary leave of absence from a worker cooperative by a member of the worker cooperative must not revoke the membership status of the member.

4. Members shall have all the rights and responsibilities of a stockholder of a corporation pursuant to chapter 78 of NRS.