(1) The bylaws and the marketing contract may fix, as liquidated damages, specific sums to be paid by the member or stockholder of the association upon the breach by her or him of any provisions of the marketing contract regarding the sale or delivery or withholding of products; and may further provide that the member will pay all costs, premiums for bonds, expenses and fees in case any action is brought upon the contract by the association; and any such provisions shall be valid and enforceable in the courts of this state.
(2) In the event of any such breach or threatened breach of such marketing contract by a member, the association shall be entitled to an injunction to prevent the further breach of the contract and to a decree of specific performance thereof. Pending the adjudication of such an action and upon filing a verified complaint showing the breach or threatened breach, and upon filing a sufficient bond, the association shall be entitled to a temporary restraining order and preliminary injunction against the member.
History.—s. 17, ch. 9300, 1923; CGL 6482(1); s. 18, ch. 14675, 1931; CGL 1936 Supp. 6482(1); s. 7, ch. 22858, 1945; s. 112, ch. 97-102.
Structure Florida Statutes
Title XXXVI - Business Organizations
Chapter 618 - Agricultural Cooperative Marketing Associations
618.02 - Who May Organize Association.
618.03 - Preliminary Investigation.
618.04 - Articles of Incorporation; Fees.
618.05 - Amendment of Articles of Incorporation.
618.06 - Purposes of Incorporation.
618.07 - Powers of Corporations.
618.08 - Corporations May Mortgage Farm Supplies.
618.10 - Membership of Corporation.
618.14 - Removal of Officers and Directors.
618.15 - Capital Stock and Membership.
618.16 - Referendum Upon Certain Motions.
618.18 - Remedies for Breach of Marketing Contract.
618.19 - Contracts and Agreements With Other Like Associations.
618.20 - Purchase of Interest in Like Corporations.
618.21 - Corporations Not in Restraint of Trade.
618.22 - Adoption of Provisions of This Chapter by Prior Corporations.
618.221 - Conversion Into a Corporation for Profit.
618.23 - Quo Warranto to Test Validity of Corporation.
618.24 - Application of General Corporation Laws.
618.26 - Conditions Under Which Foreign Similar Corporation May Do Business in This State.