§37-6-8. Bylaws.

Latest version.

The original bylaws of a cooperative shall be adopted by its Board of Trustees. Thereafter, bylaws shall be adopted, amended, or repealed by its members voting in person, or if the Board of Trustees has so authorized, voting by mail. The bylaws shall set forth the rights and duties of members and trustees and may contain other provisions for the regulation and management of the affairs of the cooperative not inconsistent with this chapter or with its articles of incorporation.

(Acts 1939, No. 231, p. 371; Code 1940, T. 18, §37; Acts 1992, No. 92-206, §1.)

                    
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