A cooperative association organized under this article shall have the powers from time to time (1) to acquire part or all of the debt or equity or both of any corporations, partnerships, or other legal entities engaged in any agricultural or other businesses, (2) to join with others to create or to own all or part of any such entities, and (3) to control and manage such entities. The business of any such entities shall not be considered to be the business of the cooperative association for purposes of Code Section 2-10-94, Code Section 2-10-103, or any other Code section of this article.
History. Code 1981, § 2-10-103.1 , enacted by Ga. L. 1995, p. 413, § 3.
Structure Georgia Code
Chapter 10 - Marketing Facilities, Organizations, and Programs
Article 3 - Cooperative Marketing Associations
§ 2-10-82. When Associations Deemed Nonprofit
§ 2-10-83. Persons Who May Form Cooperative Association
§ 2-10-85. Amendment of Charter
§ 2-10-86. Adoption of Bylaws; Authorized Provisions
§ 2-10-88. Election of Officers
§ 2-10-89. Removal of Officers or Directors
§ 2-10-90. Eligibility as Members or Stockholders
§ 2-10-92. Regular Meetings; Special Meetings Generally; Notice
§ 2-10-93. Referral of Matters to Entire Membership; Special Meetings
§ 2-10-94. Powers of Associations Generally
§ 2-10-95. Duration of Associations
§ 2-10-96. Use of Preferred Stock to Purchase Property Interest
§ 2-10-97. Transfer of Common Stock
§ 2-10-98. Joining With Other Nonprofit Cooperative Associations
§ 2-10-99. Ownership In, Control Of, or Membership in Other Corporations; Warehouse Receipts
§ 2-10-100. Contracts and Agreements Between Associations
§ 2-10-103. Engaging in Business for Nonmembers
§ 2-10-105. License Fee; Tax Exemption
§ 2-10-106. Distribution of Excess Income, Reserves, or Surpluses
§ 2-10-107. Associations Not Deemed Monopolistic or in Restraint of Trade
§ 2-10-108. Applicability of Nonprofit Corporation Laws
§ 2-10-109. Applicability of Other Laws
§ 2-10-110. Procedure by Which Other Corporations and Associations May Come Under Article