An association may be organized to engage in any activity in connection with:
(1) The producing, marketing or selling of the agricultural products of its members;
(2) The harvesting, preserving, drying, processing, canning, packing, storing, handling, shipping or utilization thereof;
(3) The manufacturing or marketing of the by-products thereof;
(4) The manufacturing, selling or supplying to its members of machinery, equipment or supplies;
(5) The financing of the above-enumerated activities; or
(6) More than one of the activities specified herein.
HISTORY: 1962 Code Section 12-908; 1952 Code Section 12-908; 1942 Code Section 6502; 1932 Code Section 6502; Civ. C. '22 Section 3406; 1921 (32) 339; 1934 (38) 1497.
Structure South Carolina Code of Laws
Title 33 - Corporations, Partnerships and Associations
Chapter 47 - Marketing Cooperative Associations
Section 33-47-10. Short title.
Section 33-47-20. Definitions.
Section 33-47-30. Declaration of purpose.
Section 33-47-40. Applicability of general corporation laws.
Section 33-47-50. Associations not deemed illegal combinations in restraint of trade.
Section 33-47-60. Marketing information available from Clemson University.
Section 33-47-70. Organization of association.
Section 33-47-80. Purposes for which associations may be formed.
Section 33-47-90. Adoption of chapter by corporations or associations already formed.
Section 33-47-100. Participation of associations in other associations.
Section 33-47-110. Annual reports.
Section 33-47-120. Annual license fee; exemption from franchise and license tax.
Section 33-47-210. Articles of incorporation.
Section 33-47-215. Reinstatement of a marketing cooperative association.
Section 33-47-220. Execution and filing of articles; effect thereof.
Section 33-47-230. Powers of association.
Section 33-47-240. Amendment of articles of incorporation.
Section 33-47-250. Amendments requiring approval of three fourths of members.
Section 33-47-410. Membership.
Section 33-47-420. Associations as members.
Section 33-47-430. Certificate of membership.
Section 33-47-440. Admission of new members.
Section 33-47-450. Representation of members other than natural persons.
Section 33-47-460. Limitation on business with nonmembers.
Section 33-47-470. Payment upon death, withdrawal or expulsion of member.
Section 33-47-610. Issuance of stock.
Section 33-47-620. Preferred stock.
Section 33-47-630. Issuance of preferred stock for property purchased.
Section 33-47-640. Limitation on amount of stock held.
Section 33-47-650. Limitation on transfer of common stock.
Section 33-47-660. Purchase of its common stock by association.
Section 33-47-670. Stockholder's liability.
Section 33-47-820. Meetings of association.
Section 33-47-830. Matters which must be referred to members.
Section 33-47-920. Vacancies on board of directors.
Section 33-47-930. Remuneration; contracts with association.
Section 33-47-950. Removal of officers or directors.
Section 33-47-1110. Contracts for marketing products.
Section 33-47-1120. Damages for breach.
Section 33-47-1130. Injunction and specific performance.
Section 33-47-1140. Contracts entered into with other associations.
Section 33-47-1150. Inducing members to violate contract or spreading false reports.