(a) Membership in the Cooperative shall not be transferable except as hereinafter otherwise provided, and upon cessation of existence, expulsion or withdrawal of a Member, the Membership of such Member shall thereupon terminate. Termination of Membership in any manner shall not release the Member from the debts or liabilities of such Member to the Cooperative.

(b) A Membership may be converted to a Joint Membership upon written request of the holder together with written application by the spouse or other prospective Joint Member for Membership, and the agreement by such holder and his or her spouse or the other prospective Joint Member to comply with the Articles of Incorporation and these Bylaws, and the rules and regulations adopted by the Board of Directors, as any of the foregoing may be amended from time to time.  Re-submittal of the Cooperative’s form of Application for Membership executed by both parties as Joint Members shall constitute compliance with this section.  Such conversion shall be made and recorded on the books of the Cooperative.

(c) Upon the death of either party to a Joint Membership, the Membership shall be deemed to be held solely by the survivor with the same effect as though such Membership had been originally issued solely to him or her, as the case may be; provided, however, that the estate of the deceased shall not be released from any Membership debts or liabilities to the Cooperative.