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501.306 Number of votes.

A person who is a member or shareholder shall not own more than one membership or share of voting stock. The person shall be entitled to cast not more than one vote regarding any matter in which a vote is conducted, including any matter subject to a vote during a cooperative meeting.

Section History: Recent form

96 Acts, ch 1010, §20

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Last update: Mon Jan 27 16:05:08 CST 1997
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