Statutes > Tennessee Statutes > Title 43 - Agriculture And Horticulture > Chapter 38 - Tennessee Processing Cooperative Law > Part 6 - Board of Directors and Officers > 43-38-603 - Goverance of cooperative.

43-38-603 - Goverance of cooperative.

43-38-603. Goverance of cooperative.

A cooperative shall be governed by its board of directors, which shall take all action for and on behalf of the cooperative, except those actions reserved or granted to members.

[Acts 2004, ch. 534, § 25.]