On May 28, 2021, the United States Postal Service (USPS) filed notice with the Postal Regulatory Commission (PRC) for rate increases, which will be effective on August 29, 2021. The rate increases range from 5% to 8% for various products …
Cooperative Governance
Formation Documents for Cooperatives Structured as Corporations
When a group interested in forming a cooperative is deciding between a cooperative structured as a corporation and a cooperative structured as an LLC, the group often has questions about the differences in the required formation documents and the ability …
Selling Preferred Shares in Cooperatives
This final post in the series addresses sales of preferred shares. Unlike common shares, preferred shares can offer dividends and in most states, can be sold to both members and non-members. Preferred shares offer cooperatives an opportunity to obtain funds …
Legal Requirements for Selling Common Shares in Cooperatives
Groups interested in forming a cooperative that is structured as a for-profit corporation often have questions about how shares are issued, who can purchase shares, and whether non-members can purchase shares as an investment in the cooperative. In this second …
The Role of Shares in Cooperatives
Groups interested in forming a cooperative that is structured as a for-profit corporation often have questions about how shares are issued, who can purchase shares, and whether non-members can purchase shares as an investment in the cooperative. In this first …
New IRS Ruling: The Timing of Patronage Business for Allocations
In a new ruling, the Service considered the period of historical patronage business that should be used to calculate the gain on a liquidation sale.
Coop was a cooperative within the meaning of Subchapter T. It struggled in …
Potential Exit from Power Supply Cooperative
Dakota Energy has filed a lawsuit concerning its potential exit from a wholesale power supplier, East River Electric. Dakota Energy’s concern is that East River’s bylaws require, as a condition to withdrawal, satisfaction of contractual obligations to East River. And …
COVID-19 Tips for Employers
Many of our clients have inquired about what they should do when an employee contracts Covid-19. While the answer is complicated, depending on the circumstances of each case, here are some helpful guides from OSHA. You can find answers to …
Join the USDA Webinar for National Cooperative Month!
October is National Cooperative Month. The USDA is holding a webinar about the resources available to support cooperative development in rural America, including updates on cooperative development resources, an overview of RD funding opportunities, and information on ownership conversions. To …
Happy Cooperative Month from AHC!
October is Cooperative Month. AHC represents many cooperatives in the telecom, electric, and agricultural industries. So we join with others in celebrating our cooperative clients.
In honor of Cooperative Month, the U.S.D.A. has provided and re-published the following helpful guides