Governance Considerations for New Retail Food Cooperatives
By Thane Joyal 151 November - December 2010 The Uniform Limited Cooperation Association Act (UCLAA) and a variety of state statutes have provided new financing flexibility for organizers of food cooperatives. In addition, these business forms present governance considerations. Organizers of retail food cooperatives considering using the LCA form of organization should carefully consider and clearly articulate their decisions on the appropriate distribution of [...]