{"data":{"id":"us-ri/r.i.-gen.-laws-7-8-6","jurisdiction":"us-ri","citation":"R.I. Gen. Laws § 7-8-6","heading":"Contents of articles of association.","body":"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:\n(1) A statement that the corporation is formed as a cooperative association under the provisions of this chapter;\n(2) A statement whether the association is organized with or without shares;\n(3) If organized with shares, the information required by § 7-1.2-202(a)(2);\n(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;\n(5) The maximum amount or percentage of capital that may be owned or controlled by any member;\n(6) The method by which any surplus, upon dissolution of the association, is distributed.","path":["Title 7 Corporations, Associations, and Partnerships","Chapter 8 Consumers’ Cooperatives"],"source_url":"https://webserver.rilegislature.gov/Statutes/TITLE7/7-8/7-8-6.htm","current_through":"site files published 2025-08-13","vintage":"","retrieved_at":"2026-09-05T19:14:09Z","sha256":"dcd0ecf63244fabd01cfa707cc3bfe122b0d70fcbe6213a9a51be31b0da14455","source_id":"us-ri","stale":true,"prev":"us-ri/r.i.-gen.-laws-7-8-5","next":"us-ri/r.i.-gen.-laws-7-8-7"},"notice":"GroundRules: Original legal text. Not legal advice."}