13 §2155. Expulsion; payment for interest
Title 13: CORPORATIONS
Part 2: CORPORATIONS WITHOUT CAPITAL
Chapter 87: FISH MARKETING ASSOCIATIONS
Subchapter 4: MEMBERS
§2155. Expulsion; payment for interest
In case of the expulsion of a member, and where the bylaws do not provide any procedure or penalty, the board of directors shall equitably and conclusively appraise his property interest in the association and shall fix the amount thereof in money, which shall be paid to him within one year after such expulsion.