This act [76-12-1 to 76-12-23 NMSA 1978] may be cited as the "Cooperative Marketing Association Act".
History: Laws 1937, ch. 152, § 1; 1941 Comp., § 48-1301; 1953 Comp., § 45-14-1.
Cross references. — For cooperative associations, see 53-4-1 NMSA 1978 et seq.
For exemption of certain warehousemen from law regulating warehousing of agricultural products, see 56-6-11 NMSA 1978.
Compiler's notes. — This act is deemed to supersede Laws 1925, ch. 99, and Laws 1915, ch. 64, relating to the incorporation of agricultural marketing associations. See also, Laws 1923, ch. 36, § 1.
While this act contains much of the substance of the Model Agricultural Cooperative Association Act, it is not considered as an adoption thereof.
Modification of monopoly legislation. — Cooperative Marketing Act (Laws 1915, ch. 64, superseded by Laws 1937, ch. 152), being later than the general antimonopoly statutes, was to be considered as modifying such general statutes, and legalizing organization, management and cooperation of agricultural, nonprofit cooperative associations, in light of trend of recent legislation and judicial construction in other states, and enactment of 57-1-4 NMSA 1978. See also, 76-12-18 NMSA 1978. Elephant Butte Alfalfa Ass'n v. Rouault, 1926-NMSC-009, 33 N.M. 136, 262 P. 185.
Am. Jur. 2d, A.L.R. and C.J.S. references. — 18 Am. Jur. 2d Cooperative Associations § 1 et seq.
Cooperative marketing of farm or dairy products by producer associations, 25 A.L.R. 1113, 33 A.L.R. 247, 47 A.L.R. 936, 77 A.L.R. 405, 98 A.L.R. 1406, 12 A.L.R.2d 130.
3 C.J.S. Agriculture §§ 138 to 158.
Structure New Mexico Statutes
Article 12 - Cooperative Marketing Associations
Section 76-12-1 - Short title.
Section 76-12-2 - Declaration of policy.
Section 76-12-3 - Definitions.
Section 76-12-4 - Who may organize.
Section 76-12-7 - Articles of incorporation.
Section 76-12-8 - Filing and recording articles of incorporation.
Section 76-12-9 - Amendments to articles of incorporation.
Section 76-12-12 - Issuance of membership certificates and stock.
Section 76-12-13 - General and special meeting; how called.
Section 76-12-14 - Directors; election.
Section 76-12-16 - Contracts between associations and members.
Section 76-12-17 - Associations heretofore organized may adopt the provisions of this act.
Section 76-12-18 - Associations are not in restraint of trade.
Section 76-12-19 - Quo warranto to test validity of incorporation.
Section 76-12-21 - Application of general corporation laws.