Code of Virginia
Chapter 3 - Cooperative Associations
§ 13.1-331. Associations are not in restraint of trade

(a) No association complying with the terms hereof shall be deemed to be a conspiracy, or a combination in restraint of trade, or an illegal monopoly; or be deemed to have been formed for the purpose of lessening competition or fixing prices arbitrarily, nor shall the contracts between the association and its members, or any agreements authorized in this Act, be construed as an unlawful restraint of trade, or as a part of a conspiracy or combination to accomplish an improper or illegal purpose or act.
(b) An association may acquire, exchange, interpret and disseminate to its members, to other cooperative associations, and otherwise, past, present and prospective crop, market, statistical, economic and other similar information relating to the business of the association, either directly or through an agent created or selected by it or by other associations acting in conjunction with it.
(c) An association may advise its members in respect to the adjustment of their current and prospective production of agricultural commodities and its relation to the prospective volume of consumption, selling prices and existing or potential surplus, to the end that every market may be served from the most convenient productive areas under a program of orderly marketing that will assure adequate supplies without undue enhancement of prices or the accumulation of any undue surplus.
Code 1950, § 13-284; 1956, c. 428.

Structure Code of Virginia

Code of Virginia

Title 13.1 - Corporations

Chapter 3 - Cooperative Associations

§ 13.1-301. Organization of cooperative associations; purposes; name; par value stock required

§ 13.1-301.1. Amendments to articles of incorporation

§ 13.1-301.2. Adoption, change or repeal of bylaws; subject matter

§ 13.1-302. Limitation of individual stockholding

§ 13.1-303. Investment in other stock

§ 13.1-304. Purchase of business by issue of shares of stock

§ 13.1-305. Rights of subscribers before full payment

§ 13.1-306. Distribution of earnings

§ 13.1-307. Permissible limitation of stock ownership or voting rights

§ 13.1-308. Limitation of use of "cooperative" in corporate name

§ 13.1-309. Other cooperatives may come under article

§ 13.1-309.1. Foreign cooperatives

§ 13.1-310. Cooperative associations may give certain liens on rotating stocks

§ 13.1-311. Taxation

§ 13.1-311.1. Provisions relating to dissolution of and revocation of certificates of associations

§ 13.1-312. Liberal construction of article

§ 13.1-313. Definitions

§ 13.1-314. Qualification of incorporators

§ 13.1-315. Purposes

§ 13.1-316. Articles of incorporation

§ 13.1-317. Filing and recording articles of incorporation

§ 13.1-318. Amendments to the articles of incorporation

§ 13.1-319. Bylaws

§ 13.1-320. Powers

§ 13.1-321. Members

§ 13.1-322. Membership or voting stock certificates; transfers; dividends; nonvoting stock

§ 13.1-323. General and special meetings; how called

§ 13.1-324. Directors generally; executive committee

§ 13.1-325. Removal of director

§ 13.1-326. Officers generally

§ 13.1-327. Removal of officer

§ 13.1-328. Referendum

§ 13.1-329. Marketing contracts; enforcement; inducing breach; spreading false reports

§ 13.1-330. Recordation of marketing contracts

§ 13.1-331. Associations are not in restraint of trade

§ 13.1-332. Voluntary dissolution

§ 13.1-333. Repealed

§ 13.1-333.1. Annual reports

§ 13.1-334. Application to existing associations

§ 13.1-335. Saving clause

§ 13.1-336. Limitations of the use of the word "cooperative."

§ 13.1-337. Foreign associations

§ 13.1-338. Purchasing business of other associations, persons, firms or corporations; stock issued

§ 13.1-339. Merger or consolidation

§ 13.1-340. Sale, mortgage or other disposition of assets

§ 13.1-341. Taxes

§ 13.1-342. Reserved

§ 13.1-343. Application of general corporation laws

§ 13.1-344. Existing associations continued

§ 13.1-345. Verification no longer required; signing instrument containing misstatement as perjury

§ 13.1-346. Definitions

§ 13.1-347. Formation of worker cooperative; purpose

§ 13.1-348. Name

§ 13.1-349. Application of other laws

§ 13.1-350. Revocation of election to be governed as worker cooperative; limitation on mergers

§ 13.1-351. Qualifications of members; membership shares

§ 13.1-352. Voting rights

§ 13.1-353. Net earnings or losses; apportionment, distribution, and payment

§ 13.1-354. Internal capital accounts; redemption of shares; collective reserve account

§ 13.1-355. Internal capital accounting