1. The initial articles must set forth all of the following:
- a. The name, address, and occupation of each organizer.
- b. The names and addresses of the initial directors.
- c. The street address of the cooperative’s initial registered office and the name of its initial registered agent at that office.
2. The articles must set forth all of the following:
- a. The name that satisfies the requirements of section 501.104.
- b. A statement that it is organized under this chapter.
- c. Its duration, which may be perpetual.
- d. The classes of interests and the authorized number of interests of each class.
- e. The quorum required for each member meeting.
- f. The member voting rules.
- 3. The articles may set forth any other provision consistent with law.
96 Acts, ch 1010, §12; 98 Acts, ch 1152, §12, 13, 69
Referred to in §501.203