The Corporation shall at all times be operated on a cooperative non-profit basis for the mutual benefit of its patrons. No interest or dividends shall be paid or payable by the Corporation on any capital furnished by its patrons.

    • That excise tax refunds made by the United States Government on patronage capital credits shall be held and used by the Corporation as furnished patronage capital and shall be treated in the same manner as furnished capital set out in Article VII, Section 2 of the Bylaws.

(July 30, 1987)