2021 Tennessee Code
Chapter 13 - Coal Cooperative Marketing Associations
§ 59-13-137. Permissible Contracts and Agreements

Any association may, upon resolution adopted by its board of directors, enter into all necessary and proper contracts and agreements, and make all necessary and proper stipulations, agreements, and contracts and arrangements with any other cooperative corporation, association, or associations, formed in this or in any other state, for the cooperative and more economical carrying on of its business or any part or parts thereof. Any two (2) or more associations may, by agreement between them, unite in employing and using or may separately employ and use the same personnel, methods, means and agencies for carrying on and conducting their respective businesses.

Structure 2021 Tennessee Code

2021 Tennessee Code

Title 59 - Mines and Mining

Chapter 13 - Coal Cooperative Marketing Associations

§ 59-13-101. Short Title

§ 59-13-102. Legislative Intent

§ 59-13-103. Chapter Definitions

§ 59-13-104. Creation of Associations

§ 59-13-105. Purposes

§ 59-13-106. Communications Regarding Probable Success

§ 59-13-107. Powers and Duties

§ 59-13-109. Articles of Incorporation — Directors — Stock

§ 59-13-110. Stock — Common and Preferred

§ 59-13-111. Articles of Incorporation — Subscription and Acknowledgment — Copies — Evidence

§ 59-13-113. Bylaws

§ 59-13-114. Meetings

§ 59-13-115. Board of Directors

§ 59-13-116. Compensation of Officers and Directors

§ 59-13-117. Contracts and Positions of Directors — Prohibitions

§ 59-13-118. Executive Committee

§ 59-13-119. Vacancies on Board

§ 59-13-120. Election of Officers

§ 59-13-121. Surety Bonds

§ 59-13-122. Certificates of Membership

§ 59-13-123. Conditions of Issuing Stock

§ 59-13-124. Liability of Members

§ 59-13-125. Number of Votes of Members or Stockholders

§ 59-13-126. Preferred Stock

§ 59-13-127. Prohibited Transfer of Common Stock

§ 59-13-128. Purchase of Common Stock by Association

§ 59-13-129. Removal of Officers or Directors

§ 59-13-130. Referral of Policy to Membership

§ 59-13-131. Marketing Contracts — Sales to or Through Associations

§ 59-13-133. Use of Preferred Stock to Discharge Obligations

§ 59-13-134. Reports

§ 59-13-135. Interests in Other Corporations

§ 59-13-136. Interests in Warehousing Corporations

§ 59-13-137. Permissible Contracts and Agreements

§ 59-13-138. Out-of-State Corporations

§ 59-13-139. Restraint of Trade — Monopolies

§ 59-13-141. Combinations — Amendment of Preexisting Charters

§ 59-13-142. Exemption for Subsidiaries

§ 59-13-143. Applicability of Existing Exemptions