2016 Arizona Revised Statutes
Title 10 - Corporations and Associations
§ 10-2060 Members in cooperative

AZ Rev Stat § 10-2060 (2016) What's This?

10-2060. Members in cooperative

Each incorporator of a cooperative shall be a member of the cooperative, but no other person may become a member unless the person agrees to use electric energy or other services furnished by the cooperative as the cooperative establishes in its bylaws. A husband and wife may hold a joint membership in a cooperative. Membership in a cooperative is not transferable, except as provided in the bylaws. The bylaws may prescribe additional qualifications, limitations, classifications and rights concerning membership.

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