{"data":{"id":"us-ri/r.i.-gen.-laws-7-6.1-10","jurisdiction":"us-ri","citation":"R.I. Gen. Laws § 7-6.1-10","heading":"Articles or bylaws.","body":"The articles or bylaws may provide:\n(1) For election of directors and other officials by unit or district;\n(2) For voting by stockholders or members on the basis of one vote per stockholder or member, or one vote per dwelling unit rather than one vote per share or certificate;\n(3) That any action required or permitted to be taken at a meeting of stockholders or members may be taken by mail ballot;\n(4) For a method of membership representation of stockholders or members at meetings by delegates from units or districts; provided, that delegates must be proportional to the number of stockholders or members in each unit district;\n(5) For redemption or recall of stock;\n(6) For termination of membership rights and privileges of a stockholder;\n(7) Standards for eligibility to become a stockholder or member;\n(8) For the allocation of its net savings among the uses permitted in § 7-6.1-11.","path":["Title 7 Corporations, Associations, and Partnerships","Chapter 6.1 Cooperative Housing Corporations"],"source_url":"https://webserver.rilegislature.gov/Statutes/TITLE7/7-6.1/7-6.1-10.htm","current_through":"site files published 2025-08-13","vintage":"","retrieved_at":"2026-09-05T19:10:19Z","sha256":"d406899a11c99c56b90e368a66cfe1e1c72ddf5d96c742d6b04ff664b51bb351","source_id":"us-ri","stale":true,"prev":"us-ri/r.i.-gen.-laws-7-6.1-9","next":"us-ri/r.i.-gen.-laws-7-6.1-11"},"notice":"GroundRules: Original legal text. Not legal advice."}