reglab/housing_qa huggingface dataset:
WY Stat § 17-10-217 (2021)
2021 Wyoming Statutes|Title 17 - Corporations, Partnerships and Associations|Chapter 10 - Cooperative Marketing Associations|Article 2 - Processing Cooperative|Section 17-10-217 - Election of Directors.

17-10-217. Election of directors.| (a) Directors shall be elected for the term, at the time, and in the manner provided in this section and the bylaws. A majority of the directors shall be members and at least one (1) director shall be elected exclusively by the members holding patron membership interests. The voting authority of the directors may be allocated according to allocation units or equity classifications of the cooperative provided that at least one-half (1/2) of the voting power on general matters of the cooperative shall be allocated to one (1) or more directors elected by members holding patron membership interests or in the alternative the one (1) or more directors elected by the members holding patron membership interests shall have an equal or shall not have a minority voting power on general matters of the cooperative.  (b) Directors shall be elected at the regular members' meeting for the terms of office prescribed in the bylaws. Except for directors elected at district meetings, all directors shall be elected at the regular members' meeting.  (c) For a cooperative with districts or other units, members may elect directors on a district or unit basis if provided in the bylaws. The directors may be nominated or elected at district meetings if provided in the bylaws. Directors who are nominated at district meetings shall be elected at the annual regular members' meeting by vote of the entire membership, unless the bylaws provide that directors who are nominated at district meetings are to be elected by vote of the members of the district at the annual regular members' meeting.  (d) The following shall apply to alternative voting:  (i) A member may not vote other than by their presence at a meeting for a director unless alternative voting is authorized for election of directors by the articles or bylaws;  (ii) The ballot shall be in a form prescribed by the board;  (iii) The member shall mark the ballot for the candidate chosen and mail the ballot to the cooperative in a sealed plain envelope inside another envelope bearing the member's name, or shall vote in the alternative manner prescribed by the board;  (iv) If the ballot of the member is received by the cooperative on or before the date of the regular members' meeting, the ballot shall be accepted and counted as the vote of the absent member.  (e) If a member of a cooperative is not a natural person, and the bylaws do not provide otherwise, the member may appoint or elect one (1) or more natural persons to be eligible for election as a director to the board.
WY Stat § 17-10-218 (2021)
2021 Wyoming Statutes|Title 17 - Corporations, Partnerships and Associations|Chapter 10 - Cooperative Marketing Associations|Article 2 - Processing Cooperative|Section 17-10-218 - Filling Vacancies.

17-10-218. Filling vacancies.| If a patron member director's position becomes vacant for a director that was elected by patron members, the board shall appoint a patron member of the cooperative to fill the director's position until the next regular or special members' meeting. If the vacating director was not a patron member, the board shall appoint a patron member to fill the vacant position. At the next regular or special members' meeting, the members or patron members shall elect a director to fill the unexpired term of the vacant director's position.
WY Stat § 17-10-219 (2021)
2021 Wyoming Statutes|Title 17 - Corporations, Partnerships and Associations|Chapter 10 - Cooperative Marketing Associations|Article 2 - Processing Cooperative|Section 17-10-219 - Removal of Directors.

17-10-219. Removal of directors.| The members electing a director may remove the director at a members' meeting for cause related to the duties of the position of director and fill the vacancy caused by the removal.
WY Stat § 17-10-220 (2021)
2021 Wyoming Statutes|Title 17 - Corporations, Partnerships and Associations|Chapter 10 - Cooperative Marketing Associations|Article 2 - Processing Cooperative|Section 17-10-220 - Limitation of Director's Liability.

17-10-220. Limitation of director's liability.| (a) A director's personal liability to the cooperative or members for monetary damages for breach of fiduciary duty as a director may be eliminated or limited in the articles except as provided in subsection (b) of this section.  (b) The articles may not eliminate or limit the liability of a director:  (i) For a breach of the director's duty of loyalty to the cooperative or its members;  (ii) For acts or omissions that are not in good faith or involve intentional misconduct or a knowing violation of law;  (iii) For a transaction from which the director derived an improper personal benefit; or  (iv) For an act or omission occurring before the date when the provision in the articles eliminating or limiting liability becomes effective.
WY Stat § 17-10-221 (2021)
2021 Wyoming Statutes|Title 17 - Corporations, Partnerships and Associations|Chapter 10 - Cooperative Marketing Associations|Article 2 - Processing Cooperative|Section 17-10-221 - Officers.

17-10-221. Officers.| (a) The board shall elect:  (i) A chair; and  (ii) One (1) or more vice-chairs.  (b) The board shall elect or appoint:  (i) A records officer; and  (ii) A financial officer.  (c) The board may elect additional officers as the articles or bylaws authorize or require.  (d) The offices of records officer and financial officer may be combined.  (e) The chair and first vice-chair shall be directors and members. The financial officer, records officer, and additional officers need not be directors or members.  (f) The board may employ a chief executive officer to manage the day-to-day affairs and business of the cooperative.  (g) Other than the chief executive officer, members may remove an officer at a members' meeting for cause related to the duties of the position of the officer and fill the vacancy caused by the removal.
WY Stat § 17-10-223 (2021)
2021 Wyoming Statutes|Title 17 - Corporations, Partnerships and Associations|Chapter 10 - Cooperative Marketing Associations|Article 2 - Processing Cooperative|Section 17-10-223 - Grouping of Members.

17-10-223. Grouping of members.| (a) A cooperative may group members and patron members in districts, units or another basis if and as authorized in its articles and bylaws which may include authorization for the board to determine the groupings.  (b) The board may do things necessary to implement the use of districts or units including setting the time and place and prescribing the rules of conduct for holding meetings by districts or units to elect delegates to members' meetings.
WY Stat § 17-10-224 (2021)
2021 Wyoming Statutes|Title 17 - Corporations, Partnerships and Associations|Chapter 10 - Cooperative Marketing Associations|Article 2 - Processing Cooperative|Section 17-10-224 - Member Violations; Liability for Cooperative Debts.

17-10-224. Member violations; liability for cooperative debts.| (a) A member who knowingly, intentionally, or repeatedly violates a provision of the articles, bylaws, member control agreement or marketing contract with the cooperative, may be required by the board to surrender the financial rights of membership interest of any class owned by the member.  (b) The cooperative shall refund to the member for the surrendered financial rights of membership interest the lesser of the book value or market value of the financial right of the membership interest payable in not more than seven (7) years from the date of surrender or the board may transfer all of any patron member's financial rights to a class of financial rights held by members who are not patron members, or to a certificate of interest which carries liquidation rights on par with membership interests and is redeemed within seven (7) years after the transfer as provided in the certificate.  (c) Membership interests required to be surrendered may be reissued or be retired and cancelled by the board.  (d) A member who knowingly, intentionally or repeatedly violates a provision of the articles, bylaws, member control agreement, or a marketing contract, may be required by the board to surrender voting power in the cooperative.  (e) A member is not, merely on the account of that status, personally liable for the acts, debts, liabilities, or obligations of a cooperative. A member is liable for any unpaid subscription for the membership interest, unpaid membership fees, or a debt for which the member has separately contracted with the cooperative.
WY Stat § 17-10-225 (2021)
2021 Wyoming Statutes|Title 17 - Corporations, Partnerships and Associations|Chapter 10 - Cooperative Marketing Associations|Article 2 - Processing Cooperative|Section 17-10-225 - Regular Members' Meetings.

17-10-225. Regular members' meetings.| (a) Regular members' meetings shall be held annually at a time determined by the board, unless otherwise provided for in the bylaws.  (b) The regular members' meeting shall be held at the principal place of business of the cooperative or at another conveniently located place as determined by the bylaws or the board.  (c) The officers shall submit reports to the members at the regular members' meeting covering the business of the cooperative for the previous fiscal year that show the condition of the cooperative at the close of the fiscal year.  (d) All directors shall be elected at the regular members' meeting for the terms of office prescribed in the bylaws, except for directors elected at district or unit meetings.  (e) The cooperative shall give notice of regular members' meetings by mailing the regular members' meeting notice to each member at the member's last known post office address or by other notification approved by the board and agreed to by the members. The regular members' meeting notice shall be published or otherwise given by approved method at least two (2) weeks before the date of the meeting or mailed at least fifteen (15) days before the date of the meeting.
WY Stat § 17-10-226 (2021)
2021 Wyoming Statutes|Title 17 - Corporations, Partnerships and Associations|Chapter 10 - Cooperative Marketing Associations|Article 2 - Processing Cooperative|Section 17-10-226 - Special Members' Meetings.

17-10-226. Special members' meetings.| (a) Special members' meetings of the members may be called by:  (i) A majority vote of the board; or  (ii) The written petition of at least twenty percent (20%) of the patron members, twenty percent (20%) of the nonpatron members or twenty percent (20%) of all members collectively are submitted to the chair.  (b) The cooperative shall give notice of a special members' meeting by mailing the special members' meeting notice to each member personally at the person's last known post office address or an alternative method approved by the board and the member individually or the members generally. For a member that is an entity, notice mailed or delivered by an alternative method shall be to an officer of the entity. The special members' meeting notice shall state the time, place, and purpose of the special members' meeting. The special members' meeting notice shall be issued within ten (10) days from and after the date of the presentation of a members' petition, and the special members' meeting shall be held within thirty (30) days after the date of the presentation of the members' petition.
WY Stat § 17-10-227 (2021)
2021 Wyoming Statutes|Title 17 - Corporations, Partnerships and Associations|Chapter 10 - Cooperative Marketing Associations|Article 2 - Processing Cooperative|Section 17-10-227 - Certification of Meeting Notice.

17-10-227. Certification of meeting notice.| (a) After mailing special or regular members' meeting notices or otherwise delivering the notices, the cooperative shall execute a certificate containing the date of mailing or delivery of the notice and a statement that the special or regular members' meeting notices were mailed or delivered as prescribed by law.  (b) The certificate shall be made a part of the record of the meeting.
WY Stat § 17-10-228 (2021)
2021 Wyoming Statutes|Title 17 - Corporations, Partnerships and Associations|Chapter 10 - Cooperative Marketing Associations|Article 2 - Processing Cooperative|Section 17-10-228 - Failure to Receive Meeting Notice.

17-10-228. Failure to receive meeting notice.| Failure of a member to receive a special or regular members' meeting notice does not invalidate an action that is taken by the members at a members' meeting.
WY Stat § 17-10-229 (2021)
2021 Wyoming Statutes|Title 17 - Corporations, Partnerships and Associations|Chapter 10 - Cooperative Marketing Associations|Article 2 - Processing Cooperative|Section 17-10-229 - Quorum.

17-10-229. Quorum.| (a) The quorum for a members' meeting to transact business shall be:  (i) Ten percent (10%) of the total number of members for a cooperative with five hundred (500) or less members; or  (ii) Fifty (50) members for cooperatives with more than five hundred (500) members.  (b) In determining a quorum at a meeting, on a question submitted to a vote by mail or an alternative method, members present in person or represented by mail vote or the alternative voting method shall be counted. The attendance of a sufficient number of members to constitute a quorum shall be established by a registration of the members of the cooperative present at the meeting. The registration shall be verified by the chair or the records officer of the cooperative and shall be reported in the minutes of the meeting.  (c) An action by a cooperative is not valid or legal in the absence of a quorum at the meeting at which the action was taken.
WY Stat § 17-10-231 (2021)
2021 Wyoming Statutes|Title 17 - Corporations, Partnerships and Associations|Chapter 10 - Cooperative Marketing Associations|Article 2 - Processing Cooperative|Section 17-10-231 - Patron Member Voting in Cooperatives Constituted Entirely or Partially of Other Cooperatives or Associations.

17-10-231. Patron member voting in cooperatives constituted entirely or partially of other cooperatives or associations.| (a) A cooperative that is constituted entirely or partially of other cooperatives or associations may authorize by the articles or the bylaws for affiliated cooperative patron members to have an additional vote for:  (i) A stipulated amount of business transacted between the patron member cooperative and the central cooperative organization;  (ii) A stipulated number of patron members in the member cooperative;  (iii) A certain stipulated amount of equity allocated to or held by the patron member cooperative in the cooperative central organization; or  (iv) A combination of methods in paragraphs (i) through (iii) of this subsection.  (b) A cooperative that is organized into units or districts of patron members, may, by the articles or the bylaws, authorize the delegates elected by its patron members or, have an additional vote for:  (i) A stipulated amount of business transacted between the patron members in the units or districts and the cooperative;  (ii) A certain stipulated amount of equity allocated to or held by the patron members of the units or districts of the cooperative; or  (iii) A combination of methods in paragraphs (i) and (ii) of this subsection.
WY Stat § 17-10-232 (2021)
2021 Wyoming Statutes|Title 17 - Corporations, Partnerships and Associations|Chapter 10 - Cooperative Marketing Associations|Article 2 - Processing Cooperative|Section 17-10-232 - Vote of Ownership Interests Held by Cooperative.

17-10-232. Vote of ownership interests held by cooperative.| A cooperative that holds ownership interests of another business entity may, by direction of the cooperative's board, elect or appoint a person to represent the cooperative at a meeting of the business entity. The representative has authority to represent the cooperative and may cast the cooperative's vote at the business entity's meeting.
WY Stat § 17-10-233 (2021)
2021 Wyoming Statutes|Title 17 - Corporations, Partnerships and Associations|Chapter 10 - Cooperative Marketing Associations|Article 2 - Processing Cooperative|Section 17-10-233 - Allocations and Distributions to Members.

17-10-233. Allocations and distributions to members.| (a) The bylaws shall prescribe the allocation of profits and losses between patron membership interests collectively and other membership interests. If the bylaws do not otherwise provide, the profits and losses between patron membership interests collectively and other membership interests shall be allocated on the basis of the value of contributions to capital made by the patron membership interests collectively and other membership interests and accepted by the cooperative. The allocation of profits to the patron membership interests collectively shall not be less than fifteen percent (15%) of the total profits in any fiscal year.  (b) The bylaws shall prescribe the distribution of cash or other assets of the cooperative among the membership interests of the cooperative. If not otherwise provided in the bylaws, distribution shall be made to the patron membership interests collectively and other members on the basis of the value of contributions to capital made and accepted by the cooperative by the patron membership interests collectively and other membership interests. The distributions to patron membership interests collectively shall not be less than fifteen percent (15%) of the total distributions in any fiscal year.
WY Stat § 17-10-234 (2021)
2021 Wyoming Statutes|Title 17 - Corporations, Partnerships and Associations|Chapter 10 - Cooperative Marketing Associations|Article 2 - Processing Cooperative|Section 17-10-234 - Allocations and Distributions to Patron Members.

17-10-234. Allocations and distributions to patron members.| (a) A cooperative may set aside a portion of net income allocated to the patron membership interests as the board determines advisable to create or maintain a capital reserve.  (b) In addition to a capital reserve, the board may, for patron membership interests:  (i) Set aside an amount not to exceed five percent (5%) of the annual net income of the cooperative for promoting and encouraging cooperative organization; and  (ii) Establish and accumulate reserves for new buildings, machinery and equipment, depreciation, losses, and other proper purposes.  (c) Net income allocated to patron members in excess of dividends on equity and additions to reserves shall be distributed to patron members on the basis of patronage. A cooperative may establish allocation units, whether the units are functional, divisional, departmental, geographic, or otherwise and pooling arrangements and may account for and distribute net income to patrons on the basis of allocation units and pooling arrangements. A cooperative may offset the net loss of an allocation unit or pooling arrangement against the net income of other allocation units or pooling arrangements.  (d) Distribution of net income shall be made at least annually. The board shall present to the members at their annual meeting a report covering the operations of the cooperative during the preceding fiscal year.  (e) A cooperative may distribute net income to patron members in cash, capital credits, allocated patronage equities, revolving fund certificates, or its own or other securities.  (f) The cooperative may provide in the bylaws that nonmember patrons are allowed to participate in the distribution of net income payable to patron members on equal terms with patron members.  (g) If a nonmember patron with patronage credits is not qualified or eligible for membership, a refund due may be credited to the patron's individual account. The board may issue a certificate of interest to reflect the credited amount. After the patron is issued a certificate of interest, the patron may participate in the distribution of income on the same basis as a patron member.
WY Stat § 17-10-235 (2021)
2021 Wyoming Statutes|Title 17 - Corporations, Partnerships and Associations|Chapter 10 - Cooperative Marketing Associations|Article 2 - Processing Cooperative|Section 17-10-235 - Distribution of Unclaimed Property.

17-10-235. Distribution of unclaimed property.| (a) A cooperative may, in lieu of paying or delivering to the state the unclaimed property specified in its report of unclaimed property, distribute the unclaimed property to a corporation or organization that is exempt from taxation. A cooperative making the election to distribute unclaimed property shall file with the secretary of state:  (i) A verified written explanation of the proof of claim of an owner establishing a right to receive the abandoned property;  (ii) Any error in the presumption of abandonment;  (iii) The name, address, and exemption number of the corporation or organization to which the property was or is to be distributed; and  (iv) The approximate date of distribution.  (b) This subsection does not alter the procedure provided by law for cooperatives to report unclaimed property to the state and the requirement that claims of owners are made to the cooperatives for a period following the publication of lists of abandoned property.  (c) The right of an owner to unclaimed property held by a cooperative is extinguished when the property is disbursed by the cooperative to a tax exempt organization in accordance with this section.
WY Stat § 17-10-237 (2021)
2021 Wyoming Statutes|Title 17 - Corporations, Partnerships and Associations|Chapter 10 - Cooperative Marketing Associations|Article 2 - Processing Cooperative|Section 17-10-237 - Liquidation.

17-10-237. Liquidation.| (a) A cooperative shall be liquidated as provided in the articles in a manner consistent with other business entities organized in this state or if not provided, may be liquidated in the same manner as a limited liability company organized in this state or the members may authorize a liquidation by adopting a resolution at a members' meeting. The notice of the members' meeting shall include a statement that the disposition of all of the assets of the cooperative will be considered at the meeting. If a quorum is present in person, by mail ballot, or alternative method approved by the board at the members' meeting, the resolution approving of the liquidation is adopted if:  (i) Approved by two-thirds (2/3) of the votes cast; or  (ii) For a cooperative with articles or bylaws requiring more than two-thirds (2/3) for approval or other conditions for approval, the resolution is approved by the proportion of the votes cast or a number of total members as required by the articles or bylaws and the conditions for approval in the articles or bylaws have been satisfied.  (b) The board of directors by resolution may liquidate a cooperative if the board obtains an opinion of an accountant that the cooperative is unlikely to continue as a business based on its current finances.
WY Stat § 17-10-238 (2021)
2021 Wyoming Statutes|Title 17 - Corporations, Partnerships and Associations|Chapter 10 - Cooperative Marketing Associations|Article 2 - Processing Cooperative|Section 17-10-238 - Methods of Dissolution.

17-10-238. Methods of dissolution.| A cooperative may be dissolved by the members or by order of the court.