1. When a member of an association has paid his membership fee in full, he shall receive a certificate of membership.

2. No member shall be liable for the debts of the association to an amount exceeding the sum remaining unpaid on his marketing contract.

Terms Used In Missouri Laws 274.050

  • Association: any corporation organized under this chapter. See Missouri Laws 274.020
  • Contract: A legal written agreement that becomes binding when signed.
  • Member: includes actual members of associations without capital stock. See Missouri Laws 274.020

3. No member shall be entitled to more than one vote.