Mississippi Code
Chapter 19 - Agricultural Cooperative Marketing Associations
§ 79-19-59. Liquidated damages may be recovered

If such cooperative marketing association recover judgment as plaintiff in replevin and the property sued for be agricultural products and the plaintiff's right to the possession thereof as against the defendant be by virtue of a marketing agreement with a member of such association and the defendant has bonded the property within two (2) days after its seizure in replevin, the plaintiff shall, in addition to the judgment now provided by law, recover as an element of damages, of the defendant and the sureties on his bond, for the wrongful taking and detention or the wrongful detention of the property, a sum equal to such damages as the plaintiff could have recovered of such member of the association as liquidated damages under the marketing agreement, for the breach thereof by wrongful detention or disposal of said property by the member.

Structure Mississippi Code

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

§ 79-19-5. Who may organize

§ 79-19-7. Purposes

§ 79-19-9. Powers

§ 79-19-13. Articles of association

§ 79-19-17. Bylaws

§ 79-19-19. General and special meetings, how called

§ 79-19-21. Directors; election

§ 79-19-23. Election of officers

§ 79-19-25. Stock, membership certificates, when issued; voting; liability; limitations on transfer and ownership

§ 79-19-27. Removal of officer or director

§ 79-19-29. Referendum may be had in certain cases

§ 79-19-31. Marketing contract

§ 79-19-35. Purchasing business of other associations, persons, firms or corporations; payment; stock issued

§ 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

§ 79-19-49. Misdemeanor; breach of marketing contract of cooperative association; spreading false reports about the finances or management thereof

§ 79-19-51. Associations not in restraint of trade

§ 79-19-53. Exemptions

§ 79-19-55. Filing fees

§ 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

§ 79-19-63. Stock in bank for cooperatives

§ 79-19-65. Applicability of general nonprofit corporation laws to associations organized under this chapter