Unless the articles of organization otherwise provide, in considering the best interests of a limited cooperative association, a director of the association in discharging the duties of director, in conjunction with considering the long and short term interest of the association and its patron members, may consider:
(1) |
the interest of employees, customers, and suppliers of the association; |
(2) |
the interest of the community in which the association operates; and |
(3) |
other cooperative principles and values that may be applied in the context of the decision. |
Enacted by Chapter 363, 2008 General Session