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§ 1 |
Short title |
§ 5 |
Findings |
§ 10 |
Definitions |
§ 12 |
Powers of Secretary of State and rulemaking |
§ 15 |
Purpose of limited worker cooperative association |
§ 16 |
Application of the Limited Liability Company Act |
§ 20 |
Formation of limited worker cooperative association |
§ 21 |
Limited worker cooperative association; name |
§ 22 |
Forms, execution, acknowledgment, and filing |
§ 25 |
Articles of organization |
§ 30 |
Organization of limited worker cooperative association |
§ 35 |
Cooperative agreement |
§ 36 |
Annual reports |
§ 37 |
Fees |
§ 40 |
Members |
§ 45 |
Voting |
§ 50 |
Board of managers or managing members |
§ 51 |
Earnings and losses |
§ 52 |
System of internal capital accounts |
§ 55 |
Assembly |
§ 60 |
Dissolution and termination |
§ 61 |
Grounds for administrative dissolution |
§ 62 |
Procedure for administrative dissolution |
§ 63 |
Reinstatement following dissolution or termination |
§ 65 |
Conversion |
§ 70 |
Exemption from securities laws |
§ 99 |
Effective date |