Patron Shareholder

(11 customer reviews)

$100.00

Patron Shareholder
$100 / share
Patron Shareholders are traditionally people who are connected to the Cooperative because they are involved in the same Industry. Currently Paton shares are $100 per share. By Limited Cooperative Association (LCA) Statutes, LCAs make no profits themselves, but all distributable profits go directly to Shareholders. LCA Statutes mandate that at least 50% of all Distributed Profits are paid to Patron Shareholders, and the amount they receive will be on a pro rata basis in perpetuity. Per LCA Statutes, all Patron Shareholders get one (1) vote in all shareholder voting issues regardless of how many shares they own.

Description

Patron Shareholder
$100 / share
Patron Shareholders are traditionally people who are connected to the Cooperative because they are involved in the same Industry. Currently Paton shares are $100 per share. By Limited Cooperative Association (LCA) Statutes, LCAs make no profits themselves, but all distributable excess revenues go directly to Shareholders. LCA Statutes mandate that at least 50% of all Distributed Excess Revenues are paid to Patron Shareholders, and the amount they receive will be on a pro rata basis in perpetuity. Per LCA Statutes, all Patron Shareholders get one (1) vote in all shareholder voting issues regardless of how many shares they own.

11 reviews for Patron Shareholder

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