(a) Relief against member.--In the event of a breach or threatened breach of a cooperative contract, the cooperative corporation shall be entitled to an injunction to prevent the breach or any further breach thereof, and to a decree of specific performance thereof. Upon showing the breach or threatened breach and upon filing a sufficient bond, the corporation shall be entitled to a preliminary or special injunction.
(b) Relief against third parties.--Any person who, with knowledge that a cooperative contract exists, induces or attempts to induce any member to breach the contract, or who in any manner aids a breach of the contract, shall be liable to the cooperative corporation for damages caused by such interference. The corporation shall also be entitled to an injunction to prevent any interference or further interference with the contract.
Cross References. Section 7124 is referred to in section 7125 of this title.
Structure Pennsylvania Consolidated & Unconsolidated Statutes
Pennsylvania Consolidated & Unconsolidated Statutes
Title 15 - CORPORATIONS AND UNINCORPORATED ASSOCIATIONS
Chapter 71 - Cooperative Corporations Generally
Section 7101 - Short title of subpart
Section 7102 - Cooperative corporations generally
Section 7103 - Use of term "cooperative" in corporate name
Section 7104 - Election of an existing business corporation to become a cooperative corporation
Section 7105 - Termination of status as a cooperative corporation for profit
Section 7106 - Election of an existing nonprofit corporation to become a cooperative corporation
Section 7107 - Termination of nonprofit cooperative corporation status
Section 7121 - Cooperative contracts generally
Section 7122 - Notice of cooperative contracts
Section 7123 - Filing procedures
Section 7124 - Relief against breach or threatened breach of contract; penalty for interference
Section 7125 - Action for civil penalty for inducing breach or spreading false reports