Other considerations of directors

7-58-820. Other considerations of directors. (1) Unless the articles otherwise provide, in considering the best interests of a limited cooperative association, a director of the association in discharging the duties of director, in conjunction with considering the long- and short-term interest of the association and its members, may consider: (a) The interest of employees, customers, and suppliers of the association; (b) The interest of the community in which the association operates; and (c) Other cooperative principles and values that may be applied in the context of the decision. Source: L. 2011: Entire article added, (SB 11-191), ch. 197, p. 796, � 1, effective April 2, 2012.