Mississippi Code
Chapter 19 - Agricultural Cooperative Marketing Associations
§ 79-19-63. Stock in bank for cooperatives

All cooperative agricultural associations of any kind or character whatsoever, heretofore or hereafter organized under the laws of the State of Mississippi, are hereby authorized and empowered to purchase, or otherwise acquire, and to hold stock in the New Orleans Bank for Cooperatives and in the Central Bank for Cooperatives in accordance with the provisions of the Farm Credit Act of 1933 as heretofore amended and as it may hereafter be amended by the Congress of the United States.
All corporations, heretofore or hereafter organized under the laws of the State of Mississippi, which are eligible to borrow from production credit associations are hereby authorized and empowered to purchase, or otherwise acquire, and to hold stock in production credit associations in accordance with the provisions of the Farm Credit Act of 1933 as heretofore amended and as it may hereafter be amended by the Congress of the United States.

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