| How to Invest |
Investors have no grain delivery requirement at Badger State Ethanol.
New member investors must download and read the Badger State Ethanol Operating Agreement and then print, fill out and sign the following documents
once a successful match has occurred.
- Information Form
- Operating Agreement Signature Page Class A
- Operating Agreement Signature Page Class A-1
Trading will be conducted on a quarterly basis with some very important dates that must be kept in mind. Please see the quarter timetable below, which outlines the important dates during the trading year.
| Activity |
Quarter 1 |
Quarter 2 |
Quarter 3 |
Quarter 4 |
| First day of quarter |
January 1 |
April 1 |
July 1 |
October 1 |
| Deadline to submit offers to sell that can be approved during quarter if matched* |
February 13 |
May 16 |
August 16 |
November 15 |
| Deadline to submit offers to purchase for match to be approved during quarter ** |
February 28 |
May 31 |
August 31 |
November 30 |
| Deadline for Alerus to submit required documentation to transfer agent for authorization |
March 17 |
June 16 |
September 15 |
December 15 |
| Effective date of trades authorzied by transfer agent |
April 1 |
July 1 |
October 1 |
January 1 |
* Dates are provided only for guidance and therefore may vary. The actual deadline to submit is 45 days prior to the end of each quarter.
** May be waived in Alerus' discretion if other sale conditions met.
Please check out the website, www.alerusagcoopstock.com and become familiar with the procedure. If you do not have access to a computer or are not comfortable using a computer, please give us a call.
We do not want anyone unable to participate just because you do not have a computer or the ability to use one. If you have any questions, please address them to Alerus Securities at 1-800-279-3200 ext. 3402.
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