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Rhode Island · Through site files published 2025-08-13 · Newer source version available

R.I. Gen. Laws § 7-8-6: Contents of articles of association.

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Where this section sits in the code
  1. Title 7 Corporations, Associations, and Partnerships
  2. Chapter 8 Consumers’ Cooperatives

The articles of association shall contain, in addition to the information required by §§ 7-1.2-202(a)(1), 7-1.2-202(a)(3) and 7-1.2-202(a)(4), the following:

(1) A statement that the corporation is formed as a cooperative association under the provisions of this chapter;

(2) A statement whether the association is organized with or without shares;

(3) If organized with shares, the information required by § 7-1.2-202(a)(2);

(4) The minimum number or value of shares that must be owned in order to qualify for membership; if organized without shares, a statement whether the property rights of members are equal or unequal, and if unequal, the rule by which their rights are determined;

(5) The maximum amount or percentage of capital that may be owned or controlled by any member;

(6) The method by which any surplus, upon dissolution of the association, is distributed.

Collected 2026-09-05T19:14:09Z. Source file · JSON

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