Section 10A-20-13.01 – Retail Merchants; Authority to Form Corporation.

Section 10A-20-13.01 Retail merchants; authority to form corporation. Whenever 10 or more retail merchants wish to form an association, cooperative society, or corporation for nonprofit purposes in the sense of not paying interest or dividends on stock, but for mutual benefit through the application of cooperation or other economic principles, they may become a body […]