Ruling the Roost Modernizing Cooperative Bylaws

By Stuart M. Saft, Esq. 2006 Oct Board Operations

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2 Comments

lighhouse on Friday, September 9, 2011 10:00 AM

Please provide me with more information pretaining to the by-laws of co-ops.
Michael Siravo on Friday, October 14, 2011 5:17 PM

You don't specifically mention the the Sharebook or the Annual Amendments. Our Co-op has only a sketchey Sharebook with no certificate # or date of purchase. Our By-laws are specific but the Board refuses to give us a completed version. The Sponsors give us Amendents without the committment of any of their borrowings on it. And strange of all the Board is controled by Shareholders who are also Sponsor delegates. Where can we go? Mediation?

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