CHS Bylaw Confusion

Changes to Co-Op Membership Definition Spark Controversy

Dave Bielenberg, CHS's chairman and a farmer in the Willamette Valley, said the changes reflect the changing nature of its local cooperative members' businesses and are essential to avoid a costly and awkward compliance audit. (Photo courtesy of CHS)
Dave Bielenberg, CHS's chairman and a farmer in the Willamette Valley, said the changes reflect the changing nature of its local cooperative members' businesses and are essential to avoid a costly and awkward compliance audit. (Photo courtesy of CHS)
CHS Inc.'s board of directors proposed several changes to the company's articles and bylaws, generating confusion and concern about who could be eligible to share in the company's profits and guide the company's policies in the future.

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