Five or more persons engaged in the production of agricultural products may form a nonprofit cooperative association, with or without capital stock, under the provisions of this article.

(Acts 1921, Ex. Sess., No. 31, p. 38; Code 1923, §7129; Code 1940, T. 2, §87.)

Terms Used In Alabama Code 2-10-52

  • AGRICULTURAL PRODUCTS: Such term shall include horticultural, viticultural, forestry, dairy, livestock, poultry, bee, fish, aquatic and seafood products and any farm products. See Alabama Code 2-10-50
  • association: Any corporation organized under this article. See Alabama Code 2-10-50
  • cooperative: A cooperative marketing association for marketing of farm products. See Alabama Code 2-1-1