The persons uniting to form an association shall enter into Articles of Association in writing, which shall state:

1. (a) The name of the association, which may include the word "Cooperative," which name shall not be the same as that of any other association or corporation formed or doing business in this state or so similar to such name as to be likely to be confused therewith;
2. (b) The class of service to be performed for its members by the association, which services shall be among those mentioned in Sections 2 and 3 of this act;
3. (c) The place where its principal operations are to be carried on, which shall be a place within this state;
4. (d) The term for which such association is to exist;
5. (e) The names and post office addresses of the directors, not less than five, designated to serve until their successors are elected and have qualified;
6. (f) Any other provisions not inconsistent with law, which the association may see fit to adopt, governing the regulation and the conduct of its affairs;
7. (g) The Articles of Association shall bear the signatures and post office addresses of the persons executing the same, and shall be acknowledged by not less than five of such persons before an officer duly authorized to administer oaths in this state, which acknowledgment shall be authenticated by the seal of such office. The Articles of Association, so acknowledged and authenticated, together with a true copy thereof, shall be transmitted to the Secretary of State, who shall, if in his opinion the provisions of law applicable thereto have been complied with, file and record the same. He shall issue his certificates showing such filing, which, together with a copy of the Articles of Association, he shall transmit to the county clerk in the county in which the place described in subdivision (c) of this section is located, in which office said copy and certificate shall be filed and recorded. Such county officer shall thereupon issue his certificate showing the fact and date of filing of said copy of the Articles of Association in his office and transmit the same to the association. The words "Articles of Incorporation" and "Articles of Association" shall be taken as meaning the same.

Laws 1917, c. 22, p. 62, § 4; Laws 1923, c. 181, p. 310, § 4.