§ 16-16-1502. Member approval of other disposition of assets.

Latest version.

A sale, lease, exchange, license, or other disposition of assets of a limited cooperative association, other than a disposition described in Section 16-16-1501, requires approval of the association's members under Sections 16-16-1503 and 16-16-1504 if the disposition leaves the association without significant continuing business activity.

Enacted by Chapter 363, 2008 General Session

                    
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