§ 44-14-118. Filing Fees
For filing articles of incorporation an association organized under this chapter shall pay five dollars ($5.00); and for filing an amendment to the articles, two dollars ($2.00).
§ 44-14-114. Removal of Officer or Director
Any member may bring charges against an officer or director by filing them in writing with the secretary of the association, together with a petition signed by five percent (5%) of the members, requesting the removal of the officer or director in question. The removal shall be voted upon at the next regular or special […]
§ 44-14-115. Annual Reports
Each association formed under this chapter shall prepare and make out an annual report on forms to be furnished by the commissioner of commerce and insurance, containing: The name of the association; Its principal place of business; A general statement of its business operations during the fiscal year, showing the number of members, amount of […]
§ 44-14-116. Conflicting Laws Not to Apply
Any provisions of law that are in conflict with this chapter shall be construed as not applying to the associations provided for in this chapter.
§ 44-14-117. Application of General Corporation Laws
The general corporation laws of this state, and the powers and rights under those laws, shall apply to the associations organized under this chapter, except where those provisions are in conflict with or inconsistent with the express provisions of this chapter. None of the provisions of the general insurance laws of the state shall apply […]
§ 44-14-104. Powers and Limitations of Association
Each association organized hereunder has the following powers and limitations: Indemnity Limited. The indemnity allowed shall in no instance exceed the value of the animal; Losses Prior to Membership. The association shall not protect the member from losses occurring prior to membership in the association; Losses While Member in Arrears. The association shall not indemnify […]
§ 44-14-105. Members
Under the terms and conditions prescribed in the bylaws adopted by it, the association may admit as members only persons engaged in the production of sheep, including the lessees and tenants of land used for the production of sheep, and any lessors and landlords who receive as rent all or any part of the sheep, […]
§ 44-14-106. Articles of Incorporation
Each association formed under this chapter must prepare and file articles of incorporation setting forth: The name of the association; The purpose for which it is formed; The place where its principal business will be transacted; The term for which it is to exist, not exceeding fifty (50) years; and The number of directors of […]
§ 44-14-107. Amendments to Articles of Incorporation
The articles of incorporation may be altered or amended at any regular meeting or any special meeting called for that purpose. An amendment must first be approved by two thirds (2/3) of the directors and then be adopted by a vote representing a majority of all the members of the association. Amendments to the articles […]
§ 44-14-108. Bylaws
Each association incorporated under this chapter must, within thirty (30) days after its incorporation, adopt for its government and management, a code of bylaws not inconsistent with the powers granted under this chapter. A majority vote of the members, or their written assent, is necessary to adopt bylaws. Each association, under its bylaws, may provide […]