Section 2-10-95 – Election and Duties of Officers.
Section 2-10-95 Election and duties of officers. The board of directors shall elect from its number a president and one or more vice-presidents. It shall also elect a secretary and a treasurer who need not be directors, and it may combine the two latter offices and designate the combined office as secretary-treasurer. The duties of […]
Section 2-10-96 – Voting by Mail or Proxy; Fees and Dues.
Section 2-10-96 Voting by mail or proxy; fees and dues. The bylaws may provide, among other things, for voting by the members by mail or by proxy in writing and for membership fees and dues and shall provide how membership in the incorporated association may be acquired and lost. (Acts 1935, No. 220, p. 604; […]
Section 2-10-66 – Exchange of Stock.
Section 2-10-66 Exchange of stock. Whenever an association organized under this article with preferred capital stock shall purchase the stock or any property or any interest in any property of any person, firm, corporation or association, it may discharge the obligations so incurred, wholly or in part, by exchanging for the acquired interest shares of […]
Section 2-10-97 – Membership.
Section 2-10-97 Membership. Under the terms and conditions prescribed in its bylaws, an association may admit as members or issue common stock or certificates of membership only to persons engaged in the production of agricultural products, including the lessees and tenants of land used for the production of such products and lessors and landlords who […]
Section 2-10-67 – Annual Report of Association.
Section 2-10-67 Annual report of association. Each association formed under this article shall prepare and make out an annual report on forms furnished by the Secretary of State, containing the name of the association, its principal place of business and a general statement of its business operations during the fiscal year, showing the amount of […]
Section 2-10-98 – Organization With Capital Stock.
Section 2-10-98 Organization with capital stock. Incorporated associations may be organized under this article with capital stock at the option of the organizers. In that event the association shall be organized by the same method and for the same recording fee as in the case of those associations organized without capital stock, except that the […]
Section 2-10-68 – Conflicting Laws Not Applicable.
Section 2-10-68 Conflicting laws not applicable. Any provisions of law which are in conflict with this article shall not be construed as applying to the associations provided for in this article. (Acts 1921, Ex. Sess., No. 31, p. 38; Code 1923, §7146; Code 1940, T. 2, §104.)
Section 2-10-99 – Powers of Association.
Section 2-10-99 Powers of association. An association incorporated under this article shall have the power to: (1) Contract and be contracted with; (2) Borrow and lend money; (3) Issue notes, bonds and other obligations and secure the payment of the same by mortgage or otherwise; (4) Buy, contract for, own, sell, convey, pledge, mortgage and […]
Section 2-10-69 – Association May Form, Own or Control Another Corporation.
Section 2-10-69 Association may form, own or control another corporation. The association may organize, form, operate, own, control, have an interest in, own stock of or be a member of any other corporation or corporations, with or without capital stock, engaged in preserving, drying, processing, canning, packing, storing, handling, shipping, ginning, utilizing, manufacturing, marketing or […]
Section 2-10-100 – Associations May Federate.
Section 2-10-100 Associations may federate. Associations incorporated under this article may, in carrying out their purposes, become members of and enjoy the facilities and cooperation of any federation whose members are agricultural societies, organizations or associations whose purposes and operations are in any way promotive of and not inconsistent with the purpose of this article. […]