(a) General rule.--It is the policy of this Commonwealth, as one means of improving the economic position of agriculture, to encourage the organization of producers of agricultural products into effective cooperative agricultural associations under the control of the producers for their mutual benefit, and to that end this chapter shall be liberally construed. Where applicable to this chapter and to Chapter 71 (relating to cooperative corporations generally), Subparts B (relating to business corporations) and C (relating to nonprofit corporations) of Part II shall be construed, wherever possible, consistent with law applicable to cooperative agricultural associations in general.
(b) Associations not in restraint of trade.--
(1) No association complying with this chapter shall be deemed to be a conspiracy, or a combination in restraint of trade, or an illegal monopoly, or be deemed to have been formed for the purpose of lessening competition or fixing prices arbitrarily, nor shall the contracts between the association and its producers, or any agreements authorized in this chapter, be construed as an unlawful restraint of trade, or as a part of a conspiracy or combination to accomplish an improper or illegal purpose or act.
(2) An association may acquire, exchange, interpret and disseminate past, present and prospective crop, market, statistical, economic and other similar information relating to the business of the association either directly or through an agent created or selected by it or by other associations acting in conjunction with it.
(3) An association may advise its members in respect to the adjustment of their current and prospective production of agricultural commodities and its relation to the prospective volume of consumption, selling prices and existing or potential surplus to the end that every market may be served from the most convenient productive areas under a program of orderly marketing that will assure adequate supplies without undue enhancement of prices or the accumulation of any undue surplus of agricultural products.
Structure Pennsylvania Consolidated & Unconsolidated Statutes
Pennsylvania Consolidated & Unconsolidated Statutes
Title 15 - CORPORATIONS AND UNINCORPORATED ASSOCIATIONS
Chapter 75 - Cooperative Agricultural Associations
Section 7501 - Short title of chapter
Section 7502 - Application of chapter
Section 7505 - Number and qualifications of incorporators
Section 7507 - Articles of incorporation
Section 7521 - Special powers and limitations
Section 7522 - Records of salary or other payments
Section 7524 - Issuance of shares
Section 7525 - Sale, transfer or redemption of shares
Section 7526 - Termination of membership
Section 7527 - Voting by proxy or mail
Section 7529 - Fundamental changes
Section 7532 - Removal of directors
Section 7534 - Marketing arrangements
Section 7535 - Patronage distributions
Section 7536 - Audit of operations
Section 7537 - Contract assignments to association
Section 7538 - Exemption from tax on capital stock and indebtedness