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Subchapter I. Formation, Powers, Bylaws and Dissolution
§ 8501. Definitions. - As used in this chapter, unless the context otherwise requires:...
§ 8502. Formation of associations; advertisement of intention to apply for charter. - (a) Cooperative agricultural associations, instituted for the purposes of mutual...
§ 8503. Articles of association; contents; acknowledgment. - (a) The articles of association of an intended association shall...
§ 8504. Certificate of incorporation; issuance and recording. - (a) The articles of association, accompanied with proof of publication...
§ 8505. Existing domestic corporations. - Corporations which exist under the laws of this State, and...
§ 8506. Reincorporation of foreign associations; procedure; effect. - (a) Cooperative agricultural associations or corporations created by or under...
§ 8507. General powers of associations. - An association incorporated under this chapter may engage in the...
§ 8508. Specific powers of associations. - Each association formed under this chapter, by virtue of its...
§ 8509. Adoption of bylaws. - Within 30 days after the recording of the articles of...
§ 8510. Provisions of bylaws. - Bylaws shall, within the limits of this chapter, prescribe: (1)...
§ 8511. Exclusive buy and sell requirements of bylaws; liquidated damages; enforcement. - The bylaws may require common stockholders to sell all or...
§ 8512. Amendment of articles of association. - The articles of association may be amended pursuant to an...
§ 8513. Dissolution of associations. - Any association may cease to do business and be dissolved...
§ 8514. Sale of assets. - Any association organized, existing or registered as a cooperative agricultural...
§ 8515. Registered office in State; principal office or place of business in State. - (a) Every association created under this chapter shall have and...
Subchapter II. Directors and Officers
§ 8521. Directors; duties; election; term; vacancies. - (a) The board of directors of each association shall consist...
§ 8522. Officers; appointment; terms; vacancies; bonds. - The officers of every association shall include a president, vice-president,...
§ 8523. Removal of directors and officers. - Any director of the association may, for cause, at any...
Subchapter III. Stock and Stockholders; Financial Operations
§ 8531. Issue, redemption and transfer of stock. - An association may transact or do business with or for...
§ 8532. Dividends on stock. - Dividends on the common stock shall be paid only after...
§ 8533. Liability of stockholders and officers for debts of association. - The officers and stockholders of an association, organized under and...
§ 8534. Voting rights of stockholders. - Every common stockholder shall be entitled to 1 vote only,...
§ 8535. Patronage refunds. - After payment of the dividend on the preferred stock, and...
§ 8536. Reserve fund. - An association, after making provision for the payment of dividends...
§ 8537. Revolving reserve fund. - After payment of the dividend on preferred stock, and after...
§ 8538. Annual audit and report. - At the close of each fiscal year, a complete audit...
Subchapter IV. Marketing Contracts; Actions; Restraint of Trade and Monopoly
§ 8541. Purchases; sales; contracts with stockholders and patrons. - An association may engage in buying and selling agricultural products...
§ 8542. Permissive provisions of marketing contracts. - Contracts with stockholders or other patrons may provide that the...
§ 8543. Title to products sold by stockholders and patrons to association. - If stockholders and patrons contract a sale to an association,...
§ 8544. Suits by association against buyers; joinder of stockholder or patron. - (a) Where a contract provides that an association may collect...
§ 8545. Joinder of claims in suits by associations. - An association may join in a single suit any number...
§ 8546. Monopoly and restraint of trade. - An association organized under this chapter shall not be deemed...
Subchapter V. Violations and Penalties
§ 8551. Prohibited acts. - (a) No person shall knowingly induce or attempt to induce...
§ 8552. Penalties; civil liabilities; injunctions. - Whoever violates this chapter shall be fined not more than...
Subchapter VI. Miscellaneous Provisions
§ 8561. Exemption from state taxation. - No association organized under this chapter shall be liable for...
§ 8562. Foreign associations or corporations. - Associations or corporations organized under the laws of any other...