16-16-1502. Member approval of other disposition of assets. A sale, lease, exchange, license, or other disposition of assets of a limited cooperativeassociation, other than a disposition described in Section
16-16-1501, requires approval of theassociation's members under Sections
16-16-1503 and
16-16-1504 if the disposition leaves theassociation without significant continuing business activity.
Enacted by Chapter 363, 2008 General Session