§ 7-8-10 - Contents of bylaws.
SECTION 7-8-10
§ 7-8-10 Contents of bylaws. – The bylaws may, in addition to the provisions permitted by subsection7-1.2-203(a), except where inconsistent with this chapter, provide for:
(1) The method and terms of admission to membership and thedisposal of members' interests on cessation of membership for any reason.
(2) The method of distributing the net savings of theassociation.