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Amy Phelps

Amy Phelps

Article XI: Miscellaneous

Section 11.1 Membership in Other Organizations The Cooperative may become a member or purchase stock in other profit or nonprofit organizations, associations, partnerships or joint ventures when the Board finds that the general long-term interests of its membership will be…

Article X: Financial Transactions

Section 10.1 Contracts Except as otherwise provided in these Bylaws, the Board may authorize any officer or officers, agent or agents, to enter into any contract or execute and deliver any instrument in the name and on behalf of the…

Article IX: Seal

The Corporate Seal of the Cooperative shall be in the form of a circle and shall have inscribed thereon the name of the Cooperative and the words, “State of Tennessee.”

Article VII: Non-Profit Operation

Section 7.1 Interest or Dividends on Capital Prohibited The cooperative shall at all times be operated on a cooperative non-profit basis for the mutual benefit of its patrons. No interest or dividends shall be paid or payable by the Cooperative…

Article VI: Officers

Section 6.1 Number & Titles The officers of the Cooperative shall be a president, vice president, secretary, treasurer, and such other officers as may be determined by the Board from time-to-time. The offices of secretary and treasurer may be held…

Article V: Meeting of the Board

Section 5.1 Regular Meetings A regular meeting of the Board shall be held without notice, immediately after, and at the same place as, the annual meeting of the members. A regular meeting of the Board shall also be held monthly…

Article IV: Board Members

Section 4.1 General Powers The business and affairs of the Cooperative shall be managed by a Board of members which shall exercise all of the powers of the Cooperative except such as are by law, the Articles of Incorporation, or…

Article III: Meeting of Members

Section 3.1 Annual Meeting The annual meeting of the members shall be held at a date and place within the State as selected by the Board and which shall be designated in the Notice of the Meeting for the purpose…