The Code of Regulations, also known as the cooperative’s bylaws, is considered a living document and is reviewed and updated regularly to ensure it serves the needs of co-op member-owners and meets all applicable laws.
The Code of Regulations contains the rules under which the cooperative operates. It addresses key issues such as memberships, annual and special meetings, board nominations and elections, corporate officers, patronage, mergers, indemnification rights, and more.
Amendments or changes to the Code of Regulations can only be approved by the cooperative’s membership.
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