Worker cooperatives are an exciting alternative to traditional business structures, offering democratic governance and shared ownership among workers. However, navigating the legalities of forming a… Read More »5 Legal Questions People Hesitate to Ask When Forming a Worker Cooperative
When setting up a cooperative, one critical decision is where to organize it legally. While in many cases the easiest course is to organize in… Read More »In What State Should You Organize Your Cooperative?
Worker cooperatives are owned and controlled by their members (the workers) for the benefit of the workers. Their democratic ownership and operation set them apart… Read More »How Will Your Worker Cooperative Be Managed?
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… Read More »Formation Documents for Cooperatives Structured as Corporations
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… Read More »Selling Preferred 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,… Read More »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,… Read More »The Role of Shares in Cooperatives
AHC attorney Roland Hall was recently interviewed for an article on the trend toward more transparency and openness in cooperative governance. The article appeared in the July/August issue of the National Cooperative Business Association’s Cooperative Business Journal. Read More »AHC Attorney Discusses Cooperative Governance and Transparency Issues
Some electric cooperatives consider consumers’ credit scores in reviewing their applications for electric service. Cooperatives that sponsor financing programs for their members may review members’ credit scores as well. The Federal Trade Commission and Federal Reserve Board recently made changes to the Risk-Based Pricing Rule (the “Rule”) that will now require cooperatives to disclose credit score information to consumers and members in certain situations.Read More »Substantial Changes To Required Credit Notices to Consumers
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