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Statutes Text

Article - Corporations and Associations




§4A–12A–07.    NOT IN EFFECT

    ** TAKES EFFECT OCTOBER 1, 2026 PER CHAPTERS 198 AND 199 OF 2025 **

    Clear reference to the fact that a limited liability company is a limited worker cooperative association shall appear prominently:

        (1)    At the head of the articles of organization or an amendment made to the articles of organization in which the election to be a limited worker cooperative association is made;

        (2)    At the head of each subsequent articles of organization of the limited worker cooperative association; and

        (3)    On each certificate representing outstanding membership interests in the limited worker cooperative association.



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