§ 43-38-201. Organizational Purpose
A cooperative may be formed and organized on a cooperative plan as provided under this title, to market, process, or otherwise change the form or marketability of crops, livestock and other agricultural products, including manufacturing and further processing of those products and other purposes that are necessary or convenient to facilitate the production or marketing […]
§ 43-38-202. Organizers — Date of Formation
A cooperative may be organized by one (1) or more individuals who are adult natural persons, who may act for themselves as individuals or as the agents of other entities, by filing with the secretary of state articles for the cooperative that contain the information required by § 43-38-203. The organizers forming the cooperative need […]
§ 43-38-203. Articles of Organization — Preparing and Filing — Approval — Hearing on Rejection of Articles
The organizers shall prepare the articles, which shall include: The name of the cooperative that satisfies the requirements of § 43-38-105; The purpose of the cooperative; The name and address of each organizer; The street address and zip code of the principal place of business for the cooperative and the county in which the office […]
§ 43-38-204. Existence — Duration
The existence of a cooperative shall begin when the articles are filed with the secretary of state. A cooperative shall have a perpetual duration unless the cooperative provides for a limited period of duration in the articles of organization.