4:13-3. Purposes of incorporation

132 words·~1 min read·/nj/title-4/chapter-13/4-13-3

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

An association may be organized to engage in any co-operative activities for its members, and within the limitations hereinafter in this chapter set forth, for nonmembers in connection with any of the following:

a. The marketing, selling of, bargaining and contracting for agricultural products and the by-products thereof; or

b. The production, manufacture, harvesting, preserving, drying, processing, canning, packing, storing, hauling, handling, shipping, ginning or utilization thereof;

c. The manufacturing, purchasing, contracting for, or hiring, selling or supplying machinery, equipment, services or supplies, including livestock;

d. The hiring or supplying of labor;

e. The financing of any one or more of the above enumerated activities; or

f. Any one or more of the activities specified in this section.

Amended by L.1953, c. 332, p. 1881, s. 2; L.1966, c. 286, s. 4.