2019 US Virgin Islands Code
Title 13 - Corporations and Associations
Chapter 7 - Cooperative Corporations
- § 551. Definitions: construction
- § 552. Cooperative corporation
- § 553. Cooperative corporation: central organization
- § 554. Corporation synonyms
- § 555. Share: shareholder
- § 556. Application of general nonprofit corporation law
- § 557. Bringing corporation under provisions of chapter; amendment of articles
- § 558. Formation; number of incorporators; purpose
- § 559. Articles; required provisions
- § 560. Statement of shares and memberships
- § 561. Statement of number of shares permitted per shareholder and initial capital
- § 562. Classes of shares: statement of par value and preferences, privileges, and restrictions; authority of board to change
- § 563. Voting rights in central organization
- § 564. Corporate name; inclusion of cooperative
- § 565. Bylaws; adoption and approval
- § 566. Permissible provisions
- § 567. Purchase of shares
- § 568. Formation of districts; district meetings; election of delegates; vote of delegates
- § 569. Management of corporation by board; election of directors; term of office; removal
- § 570. Officers; election by directors
- § 571. Special meeting at request of shareholders
- § 572. Quorum
- § 573. Voting rights
- § 574. Proxies
- § 575. Voting by absent shareholders
- § 576. Referendum
- § 577. Promotion expenses; limitation on payment
- § 578. Stock certificates; issuance when fully paid
- § 579. Purchase of business of another; payment in shares or memberships; approval by shareholders
- § 580. Purchase of own shares or memberships
- § 581. Investment in shares or memberships of other corporations
- § 582. Reserve funds and dividends
- § 583. Application of general corporation law
- § 584. Unauthorized use of cooperative in name
- § 585. Foreign corporations; use of cooperative in name
- § 586. Unauthorized business
- § 587. Injunction
- § 588. Regulation and control of cooperatives and credit unions [Repealed]
- § 589. Penalties
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