Coop rules, biodiesel/2 Membership

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Contents

Part 2 -- Membership

Open membership

(Rule 5) Membership in the Association is open in a non-discriminatory manner to individuals that can use the services of the Association and are willing and able to accept the responsibilities of membership.

Membership requirements

(Rule 6) Members agree to abide by the the Association membership agreement in effect at the time of application and as amended from time to time by special resolution.

Application for membership

(Rule 7) An individual who wishes to become a member must submit to the Association a written membership application in the form provided by the Association for that purpose, and payment for the minimum number of membership shares required under #Minimum share requirement (Rule 9) for membership in the Association.

Age qualification

(Rule 8) To be eligible for membership in the Association, an individual must be at least 16 years of age.

Minimum share requirement

(Rule 9) Each member must, as a condition of membership, subscribe to exactly one membership share.

(Rule 10) Each member may subscribe to a number of investment shares as set by the Directors from time to time.

Approval of application

(Rule 11) Application for membership is approved, refused, or postponed via ordinary resolution according to the rules of #Voting (Part 12) as defined herein.

Effective date of membership

(Rule 12) Membership is effective on the day that the membership application is approved under #Approval_of_application (Rule 11).

Withdrawal from membership

(Rule 13) A member may withdraw from membership in the Association by giving written notice to the directors of the member's intention to withdraw. In such a case, the the Association shall redeem the member share at par value.

Effective date of withdrawal

(Rule 14) The membership of a member ceases on the date the member has complied with the requirements of #Withdrawal from membership (Rule 13).

Notice of death or bankruptcy of individual member

(Rule 15) Subject to #Procedure on death of a member (Rule 33)(2), notice to the Association of the death or bankruptcy of an individual member has the same effect as a notice of intention to withdraw, and #Withdrawal from membership (Rule 13), #Effective date of withdrawal (Rule 12), #Effect of termination, withdrawal or other cessation of membership (Rule 18) and #Sale and voting of redeemed shares (Rule 38) apply with the necessary changes, so far as applicable.

Grounds for termination of membership

(Rule 16) The Association may terminate the membership of a member in accordance with The Cooperative Association Act if

  1. the member has engaged in conduct detrimental to the Association,
  2. the member has not paid money due by the member to the Association within a reasonable time after receiving written notice to do so from the Association,
  3. in the opinion of the directors, based on reasonable grounds, the member
    1. has breached a material condition of an agreement with the Association, and
    2. has not rectified the breach within a reasonable time after receiving written notice to do so from the Association.

Appeal of termination of membership

(Rule 17) The right of appeal of a person whose membership in the Association is terminated for a reason set out in #Grounds for termination of membership (Rule 16) (1) to (3) is governed by The Cooperative Association Act. During the appeal process, the member continues to be a member of the Association, unless the members at the general meeting to which the appeal is brought confirm the termination of membership according to the Association's consensus decision making process.

Effect of termination, withdrawal or other cessation of membership

(Rule 18)

  1. When a member withdraws from membership or a membership is terminated or ceases for any reason, all rights and privileges attached to membership cease except the right to require the Association to redeem, in accordance with #Sale and voting of redeemed shares (Rule 38) or #Redemption of shares on withdrawal of membership (Rule 39), whichever is applicable, the member's membership shares and investment shares.
  2. The cessation of membership does not release the former member from any debt or obligation owed to the Association unless the instrument of debt or obligation states otherwise.
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