2012 Maine Revised Statutes
TITLE 13: CORPORATIONS
Chapter 85: COOPERATIVES
13 §1601. One member, one vote
Part 2: CORPORATIONS WITHOUT CAPITAL
Subchapter 1: CONSUMER COOPERATIVES
§1601. One member, one vote
Each member of an association shall have one and only one vote, except that where an association includes among its members any number of other associations or groups organized on a cooperative basis, the voting rights of such member associations or groups may be as prescribed in the articles or bylaws.
No voting agreement or other device to evade the one-member-one-vote rule shall be enforceable by a civil action.
Disclaimer: These codes may not be the most recent version. Maine may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.