Patron Shareholder

$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.
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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.

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