§ 16-16-602. Patron and investor members' interests.

Latest version.

(1)	Unless the organic rules establish investor members' interests, a member's interest is a patron member's interest.

(2)

Unless the organic rules otherwise provide, if a limited cooperative association has investor members, while a person is a member of the association, the person:

(a)	if admitted as a patron member, remains a patron member;

(b)	if admitted as an investor member, remains an investor member; and

(c)	if admitted as a patron member and investor member, remains a patron and investor member if not dissociated in one of the capacities.

Enacted by Chapter 363, 2008 General Session

                    
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