§1822. Purposes
141 words·~1 min read·
/me/title-13-corporations/chapter-85-cooperatives/1822·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Such association may be organized for the purpose of engaging in any cooperative activity for producers of agricultural products in connection with:
1. Producing, selling, etc. Producing, assembling, marketing, buying or selling agricultural products, or harvesting, preserving, drying, processing, manufacturing, blending, canning, packing, ginning, grading, storing, warehousing, handling, shipping or utilizing such products, or manufacturing or marketing the by-products thereof;
2. Equipment, feed, fertilizer, etc. Manufacturing, buying for or supplying to its members and other patrons, machinery, equipment, feed, fertilizer, fuel, seeds and other agricultural and household supplies;
3. Business or educational services. Performing or furnishing business or educational services, on a cooperative basis, for or to its members and other patrons; or
4. Financing. Financing any of the above enumerated activities for its members, subject to the limitations of Title 9-B, section 466 .
[PL 1977, c. 564, §66 (AMD).]