(1)  A dissolved limited cooperative association that has completed winding up may deliver to the division for filing a statement of termination that states:

(a)  the name of the association;

(b)  the date of filing of its initial articles of organization; and

(c)  that the association is terminated.

(2)  The filing of a statement of termination does not itself terminate the limited cooperative association.

Enacted by Chapter 363, 2008 General Session