A cooperative housing corporation may terminate all of its proprietary leases, but only by agreement of proprietary lessees holding at least eighty percent (80%) of its stock or any larger percentage than specified in the articles or bylaws.
Termination of proprietary leases
R.I. Gen. Laws § 7-6.1-12., under Chapter 7-6.1 Cooperative Housing Corporations.
R.I. Gen. Laws § 7-6.1-12.