Section 315.45 Classification of Members
315.45 CLASSIFICATION OF MEMBERS.
The directors may in their bylaws divide the members into active, senior, junior, associate, and other convenient classes, and determine the qualifications for associate membership and provide rules for the trial and expulsion of members. Only active members may vote or hold office in the corporation.
History:
(8004) RL s 3165; 1985 c 265 art 5 s 1