S.B.
69
UNIFORM LIMITED COOPERATIVE ASSOCIATION ACT
senate committee
Amendments
Amendment 1 January 31, 2008 2:10 pm
Senator Lyle W. Hillyard
proposes the following amendments:
1. Page
14, Lines 408 through 410
:
408
(2)
{
The
}
Notwithstanding Section 48-2a-102, the
name of a limited cooperative association
must contain the words "limited
409
cooperative association" or "limited cooperative" or the abbreviation "L.C.A." or "LCA".
410
"Limited" may be abbreviated as "Ltd.". "Cooperative" may be abbreviated as "Co-op" or
2. Page
25, Line 771 through Page 26, Line 775
:
771
(3) The first annual report must be delivered to the division between January 1 and
772
April 1 of the year following the calendar year in which the limited cooperative association is
773
formed or the foreign cooperative is authorized to transact business in this state.
{
An
}
For subsequent
years, an
annual
774
report must be delivered to the division
{
between January 1 and April 1 of each subsequent
775
calendar year
}
during the month in which falls the anniversary of the limited cooperative
association's organization or the foreign cooperative's authorization to transact business
.
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LRGC
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