§ 7112. Distributions.
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§ 7112. Distributions.
Notwithstanding section 5551 (relating to dividends prohibited; compensation and certain payments authorized), a cooperative corporation may make patronage rebates or other distributions to its members or patrons in conformity with the purposes for which it is incorporated. A patronage rebate or dividend that is, or is equivalent to, a reduction in the charge made by a cooperative corporation to a member for goods or services shall not constitute a dividend or distribution within the meaning of this part or any other provision of law.
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SUBCHAPTER C
COOPERATIVE CONTRACTS
Sec.
7121. Cooperative contracts generally.
7122. Notice of cooperative contracts.
7123. Filing procedures.
7124. Relief against breach or threatened breach of contract; penalty for interference.
7125. Action for civil penalty for inducing breach or spreading false reports.
Cross References. Subchapter C is referred to in section 7302 of this title.
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