3-1-4. Purposes.
152 words·~1 min read·
/ut/title-3/chapter-1/3-1-4A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Effective 5/7/2025
3-1-4. Purposes.
Such association may be organized for the purpose of engaging in any cooperative activity for producers of agricultural products in connection with:
(1)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)seed and crop improvement, and soil conservation and rehabilitation;
(3)manufacturing, buying or supplying to its members and others, machinery, equipment, feed, plant food, coal, gasoline and other fuels, oils and other lubricants, seeds, and all other agricultural and household supplies;
(4)generating and distributing electrical energy and furnishing telephone service to its members and others;
(5)performing or furnishing business or educational services, on a co-operative basis, for or to its members; or
(6)financing any of the above enumerated activities.
Amended by Chapter 91 , 2025 General Session