54-132. Purposes.
An association may be organized to engage in any activity in connection with the producing, marketing or selling of the agricultural products of its members and other farmers, or with the harvesting, preserving, drying, processing, canning, packing, storing, handling, shipping, or utilization thereof, of the manufacturing or marketing of the by-products thereof; or in connection with the manufacturing, selling, or supplying to its members of machinery, equipment, or supplies; or in the financing of the above-enumerated activities; or in any one or more of the activities specified herein. (1921, c. 87, s. 4; C.S., s. 5259(d); 1933, c. 350, s. 2; 1935, c. 230, s. 2.)
Structure North Carolina General Statutes
North Carolina General Statutes
Chapter 54 - Cooperative Organizations
Article 19 - Purpose and Organization.
§ 54-129 - Declaration of policy.
§ 54-130 - Definitions and nature.
§ 54-133 - Preliminary investigation.
§ 54-134 - Articles of incorporation.
§ 54-135 - Amendments to articles of incorporation.
§ 54-137 - General and special meetings; how called.
§ 54-138 - Conflicting laws not to apply.
§ 54-139 - Foreign cooperative corporations; limitation on use of word "cooperative."
§ 54-140 - Association heretofore organized may adopt the provisions of this Subchapter.