§3752. Amendment of articles
A cooperative may amend its articles of incorporation as follows.
[PL 1987, c. 141, Pt. A, §6 (NEW).]
1.
Meeting and notice.
The proposed amendment shall be presented to a meeting of the members. The proposed amendment shall be set forth in or attached to the notice of the meeting.
[PL 1987, c. 141, Pt. A, §6 (NEW).]
2.
Approval.
If the proposed amendment, with any changes, is approved by the affirmative vote of not less than 2/3 of those members voting on the amendment at the meeting, articles of amendment shall be executed and acknowledged on behalf of the cooperative by its president or vice-president and its seal shall be affixed to the articles and attested by its secretary.
[PL 1987, c. 141, Pt. A, §6 (NEW).]
3.
Contents of articles of amendment.
The articles of amendment shall recite that they are executed pursuant to this chapter and shall state:
A.
The name of the cooperative;
[PL 1987, c. 141, Pt. A, §6 (NEW).]
B.
The address of its principal office; and
[PL 1987, c. 141, Pt. A, §6 (NEW).]
C.
The amendment to its articles of incorporation.
[PL 1987, c. 141, Pt. A, §6 (NEW).]
[PL 1987, c. 141, Pt. A, §6 (NEW).]
4.
Affidavit.
The president or vice-president executing the articles shall make and attach to the articles an affidavit stating that this section was complied with.
[PL 1987, c. 141, Pt. A, §6 (NEW).]
SECTION HISTORY
PL 1987, c. 141, §A6 (NEW).