1 Class B Preferred Membership Share Stock Certificate

Regular price $100.00 Sale

Class A Voting Stock Certificate In Outdoor Adventure Cooperative, Inc

A Cooperative Corporation under the Laws of The State of New York

One Member Share - Par Value $100.00

The Rights and Preferences of this stock are as follows:

  • Limited to one (1) share per person and confers membership and voting rights;
  • does not pay dividends, but can pay patronage refund;
  • may be sold back to co-op at par value or book value, whichever is lower.
  • Is non-transferable except to the cooperative upon termination of membership;
  • Is subject to the terms, conditions, & limitations of the Articles of Incorporation & Bylaws of the corporation.