2006 Alabama Code - Section 2-10-106 — Existing associations may come under this article.

Existing associations may come under this article. Any cooperative association already in existence may by majority vote of the stockholders or its members be brought under the provisions of this article by adopting the restrictions provided in this article and complying with the requirements of this article.

(Acts 1935, No. 220, p. 604; Code 1940, T. 2, §131.)