§421-2 Purposes. An association may be organized for the purpose of engaging in any cooperative activity for producers of agricultural products in connection with:
(1) Producing, assembling, marketing, buying or selling agricultural products or harvesting, preserving, drying, processing, manufacturing, blending, canning, packing, ginning, grading, storing, warehousing, handling, shipping, or utilizing the products, or manufacturing or marketing the byproducts, thereof; provided seventy-five per cent of such agricultural products shall be of Hawaiian origin;
(2) Manufacturing, buying for or supplying to its members machinery, equipment, feed, fertilizer, fuel, seeds, and other agricultural supplies;
(3) Performing or furnishing business or educational services, on a cooperative basis, or to its members;
(4) Financing any of the above enumerated activities for its members. [L 1949, c 234, pt of §1; am L 1953, c 137, §1(a); RL 1955, §176-4; HRS §421-2; am L 1972, c 103, §1]
Structure Hawaii Revised Statutes
Title 23. Corporations and Partnerships
421. Agricultural Cooperative Associations
421-3 Qualifications of incorporators.
421-4 Articles of incorporation.
421-6 Filing and recording articles of incorporation, etc.
421-7 Amendments of articles of incorporation.
421-11 Membership or stock certificates, transfers, dividends, preferred stock.
421-12 General and special meetings; how called.
421-18 Contracts between association and members.
421-20 Associations are not in restraint of trade.
421-24 Application to existing association.