Twenty (20) or more persons, a majority of whom are residents of this state, engaged in the production of agricultural products may form a nonprofit, cooperative association, with or without capital stock, under the provisions of this chapter; provided, however, that for the formation of cooperative associations for growing, breeding, selling, and handling live stock or poultry, five (5) or more persons may form a cooperative association.
Structure Mississippi Code
Title 79 - Corporations, Associations, and Partnerships
Chapter 19 - Agricultural Cooperative Marketing Associations
§ 79-19-1. Declaration of policy
§ 79-19-3. Definitions; nature of associations; short title
§ 79-19-13. Articles of association
§ 79-19-19. General and special meetings, how called
§ 79-19-21. Directors; election
§ 79-19-23. Election of officers
§ 79-19-27. Removal of officer or director
§ 79-19-29. Referendum may be had in certain cases
§ 79-19-31. Marketing contract
§ 79-19-37. Conflicting laws not to apply
§ 79-19-39. Limitation of the use of term "cooperative."
§ 79-19-41. Interest in other corporations or associations
§ 79-19-43. Contracts and agreements with other associations
§ 79-19-45. Association heretofore organized may adopt the provisions of this chapter
§ 79-19-47. How associations organized in another state may carry on business in this state
§ 79-19-51. Associations not in restraint of trade
§ 79-19-57. Cooperative marketing associations may maintain replevin
§ 79-19-59. Liquidated damages may be recovered
§ 79-19-61. Loan limited to 50 percent of capital and surplus