Difference in rights and obligations of members
In plain English: Provides that all members generally have the same rights and duties when it comes to voting, dissolution, redemption, and transfer of membership. The association can create classes of membership with different rights or obligations, but only if its articles of incorporation or bylaws set that up. For other matters, members are treated equally unless the articles or bylaws provide otherwise.
10-3610. Difference in rights and obligations of members
All members have the same rights and obligations with respect to voting, dissolution, redemption and transfer, unless the articles of incorporation or bylaws establish classes of membership with different rights or obligations or otherwise provide. All members have the same rights and obligations with respect to any other matters, except as set forth in or authorized by the articles of incorporation or bylaws.