SHARE YOUR THOUGHTS

At the 2015 annual meeting, the CHS Board of Directors recommended approval of proposed amendments to the company’s Articles and Bylaws:
  • Modify the CHS membership definition to remove the requirement that cooperative members be producer-only cooperatives. Today, cooperatives doing business with CHS may have non-producer members, and some may have non-producers serving on the cooperative’s board. These arrangements are not consistent with the current producer-only membership requirement.

  • Give the Board of Directors the flexibility to approve non-member patronage arrangements by permitting the Board to establish policies for these arrangements rather than having to include the rules for those arrangements in the Bylaws.

  • Remove obsolete references to the former Cenex, Inc.; Cenex Supply and Marketing Division, and the Company’s Defined Business Unit/Member program.
During the business portion of the Annual Meeting, delegates voted to defer action on the proposed amendments. The CHS Board is now determining next steps on this important governance issue and wants to hear from member-owners. Please complete this survey and return it by Feb. 15, 2016. Your feedback is important.

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* 1. Were the proposed amendments considered at the 2015 annual meeting confusing or unclear to you and why?

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* 2. Which part(s) of the proposed amendments did you agree with/support and why?

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* 3. Which part(s) of the proposed amendments did you oppose and why?

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* 4. How would you solve the existing governance situation where current CHS member cooperatives who have non-agricultural producers as voting members may not comply with the CHS membership restrictions for cooperative members?

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* 5. Do you have other comments or questions [regarding the proposed amendments]?

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* 6. Would you like a call or visit from a CHS director? (please provide contact information below)

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* 7. Contact information

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* 8. Please confirm that you are a CHS member:

Please complete and submit by Feb. 15, 2016.

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