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Article VIII:

Membership Certificates

Section 1: Certificates of Membership
Membership in the Cooperative shall be evidenced by a certificate of membership which shall be in such form and shall contain such provisions as shall be determined by the board of directors. Such certificate shall be signed by the President and by the Secretary of the Cooperative and the corporate seal shall be affixed thereto.

Section 2: Issue of Membership Certificates
No membership certificated shall be issued for less than the membership fee fixed in these bylaws, nor until such membership fee has been fully paid, the membership application approved by the board of directors and any and all easements and rights-of-way for the Cooperative’s facilities from the applicant deemed necessary by the board of directors have been executed and delivered.

Section 3: Lost Certificate
In case of a lost, destroyed or mutilated certificate, a new certificate may be issued upon such terms and upon such indemnity to the Cooperative as the board of directors may prescribe.