DEPARTMENT OF AGRICULTURE


papers. Contact your County Agent to arrange for this
service.
 9. Q. WHAT OTHER FORMS NEED TO BE PRE-
 PARED AND WHEN?
 A Most marketing cooperatives need a market-
ing agreement or contract to sign with all members.
Usually this must be drawn up and signed with mem-
bers before the cooperative can start domg business. A
membership certificate is very desirable, and should be
printed and used as soon as possible after organization
Revolving-fund certificates are sometimes used in rais-
ing working capital, and some cooperatives may wish
to have these certificates printed before they start doing
business. Beginning with the very first meetings, the
secretary of the cooperative will need to use waiver
notices, and various types of resolutions. Suggested
copies of all these papers may be found in this bulletin.
 10. Q. WHEN WOULD THE FIRST MEMBERSHIP
 MEETING BE HELD?
 A. No specific number of days after filing the
Articles of Incorporation is specified within which the
first meeting of the members shall be held. In most
instances, however, such meeting is held well before the
expiration of 30 days after the filing of the Articles of
Incorporation. Further, under Florida law the first Board
of Directors is named in the Articles of Incorporation
as the first Board, and unless a new and different Board
is elected at the first meeting of the members such Board
named in the Articles of Incorporation would continue
in office until their successors are elected.

 11. Q. WHAT RECORDS SHOULD BE KEPT?
 A. Records of the action taken at early meetings
of cooperatives are sometimes lost. These may later be
very valuable. Minutes of all membership and director's
meetings should be carefully preserved Accurate rec-
ords of all funds received and disbursed should be kept