                                 CODE OF VIRGINIA

MEMBERS (§ 13.1-321)

a. An association may admit as members only bona fide producers of agricultural
products, including tenants and landlords receiving a share of the crop, and
cooperative associations of such producers.

b. The articles of incorporation may limit the amount of voting stock which a
member may own.

c. Under the terms and conditions prescribed in the bylaws a member shall lose
his membership and his right to vote if he ceases to belong to the class
eligible to membership under this section, but he shall remain subject to any
liability incurred by him while a member of the association.

d. No member shall be personally liable for any debt or liability of the
association.

e. No member shall have more than one vote.

HISTORY: Code 1950, § 13-263; 1956, c. 428.