16-16-115 - Business transactions of member with limited cooperative association.

16-16-115. Business transactions of member with limited cooperative association.
Subject to Sections 16-16-818 and 16-16-819 and except as otherwise provided in theorganic rules or a specific contract relating to a transaction, a member may lend money to andtransact other business with a limited cooperative association in the same manner as a person thatis not a member.

Enacted by Chapter 363, 2008 General Session