§ 43-16-101 Short title
§ 43-16-102 Purpose of chapter
§ 43-16-103 Chapter definitions
§ 43-16-104 Nonprofit cooperative association – Persons entitled to form
§ 43-16-105 Activities in which authorized to engage
§ 43-16-106 Preliminary inquiry as to probable success
§ 43-16-107 Recognition that farmers need special instruction data in marketing their products
§ 43-16-108 Powers of incorporated association
§ 43-16-109 Members – Qualifications
§ 43-16-110 Articles of incorporation – Preparing and filing – Contents
§ 43-16-111 Capital stock – Articles specifying division into preferred and common stock
§ 43-16-112 Articles to be signed, acknowledged, and filed – Prima facie evidence of incorporation
§ 43-16-113 Amendment of articles of incorporation
§ 43-16-114 Code of bylaws – Provisions
§ 43-16-115 Regular and special meetings – Notice – Provisions as to notice
§ 43-16-116 Management by directors – District directors – Bylaw provisions as to selection and qualifications
§ 43-16-117 Remuneration of officers, directors, and committeemen
§ 43-16-118 Directors not to be interested in contracts for profit – Directors occupying positions in association
§ 43-16-119 Executive committee and its functions
§ 43-16-120 Vacancies in board of directors – Filling
§ 43-16-121 Officers elected by directors – Treasurer
§ 43-16-122 Bonds – Of whom required
§ 43-16-123 Certificate of membership
§ 43-16-124 Stock – Issuance upon payment – Voting right unaffected where held as security
§ 43-16-125 Liability of members for debts
§ 43-16-126 Member or stockholder entitled to only one vote
§ 43-16-127 Preferred stock – Redemption or retirement
§ 43-16-128 Common stock not to be transferred to persons not engaged in agricultural production
§ 43-16-129 Purchase of its common stock by association
§ 43-16-130 Removal of officers or directors
§ 43-16-131 Procedure for removal of directors elected in a district
§ 43-16-132 Referendum of policy matters upon demand to entire membership
§ 43-16-133 Marketing contracts with association
§ 43-16-134 Provisions of marketing contracts – Liquidated damages – Injunction against breach
§ 43-16-135 Purchase of property with preferred stock
§ 43-16-137 Conflicting laws do not apply
§ 43-16-138 Exemptions of agricultural products apply, though in possession of association
§ 43-16-139 Association may be interested in other like associations
§ 43-16-140 Warehousing corporations issuing warehouse receipts to association or its members – Discrimination prohibited
§ 43-16-141 Association may contract with other cooperative associations
§ 43-16-142 Associations of other states upon compliance with laws as to foreign corporations doing business in this state
§ 43-16-143 Marketing contracts do not constitute conspiracy, combination, illegal monopoly, or unlawful restraint of trade
§ 43-16-144 General corporation laws applicable – Exception
§ 43-16-145 Annual fee in lieu of other taxes – Exception
§ 43-16-147 Combinations of existing corporations into associations – Amendment of charters
§ 43-16-148 Corporations organized as subsidiaries of agricultural cooperative associations exempt from privilege taxes

Terms Used In Tennessee Code > Title 43 > Chapter 16 - Cooperative Marketing Associations

  • Acceptance: means notification by an authorized officer or employee of the state that the work completed has been in accordance with the terms and conditions of the state contract. See Tennessee Code 12-4-502
  • Adjourn: A motion to adjourn a legislative chamber or a committee, if passed, ends that day's session.
  • Agency: means any entity of the state government, as defined in §. See Tennessee Code 12-4-702
  • Agricultural products: includes horticultural, viticultural, forestry, dairy, livestock, poultry, bee and any farm products. See Tennessee Code 43-16-103
  • Agriculture: means :
    (i) The land, buildings and machinery used in the commercial production of farm products and nursery stock. See Tennessee Code 1-3-105
  • Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
  • Appraisal: A determination of property value.
  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Association: means any corporation organized under this chapter. See Tennessee Code 43-16-103
  • Business: means a business organization in any form, institution, association, profession, occupation or calling of any kind, whether or not conducted for profit. See Tennessee Code 12-4-702
  • Code: includes the Tennessee Code and all amendments and revisions to the code and all additions and supplements to the code. See Tennessee Code 1-3-105
  • Complaint: A written statement by the plaintiff stating the wrongs allegedly committed by the defendant.
  • Contract: A legal written agreement that becomes binding when signed.
  • Conviction: A judgement of guilt against a criminal defendant.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • County mayor: means and includes "county executive" unless the context clearly indicates otherwise. See Tennessee Code 1-3-105
  • Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Fair market value: The price at which an asset would change hands in a transaction between a willing, informed buyer and a willing, informed seller.
  • farm products: means forage and sod crops. See Tennessee Code 1-3-105
  • Fraud: Intentional deception resulting in injury to another.
  • Highway: includes public bridges and may be held equivalent to the words "county way" "county road" or "state road". See Tennessee Code 1-3-105
  • Injunction: An order of the court prohibiting (or compelling) the performance of a specific act to prevent irreparable damage or injury.
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Lawsuit: A legal action started by a plaintiff against a defendant based on a complaint that the defendant failed to perform a legal duty, resulting in harm to the plaintiff.
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Livestock: means all equine as well as animals that are being raised primarily for use as food or fiber for human utilization or consumption including, but not limited to, cattle, sheep, swine, goats, and poultry. See Tennessee Code 1-3-105
  • Member: includes actual members of associations without capital stock, and holders of common stock in associations organized with capital stock. See Tennessee Code 43-16-103
  • Month: means a calendar month. See Tennessee Code 1-3-105
  • Nolo contendere: No contest-has the same effect as a plea of guilty, as far as the criminal sentence is concerned, but may not be considered as an admission of guilt for any other purpose.
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • other state entities: includes counties, cities, municipalities, and any other political subdivision of this state. See Tennessee Code 12-4-601
  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
  • Person: includes an individual, firm, partnership, corporation, and association. See Tennessee Code 43-16-103
  • Person: includes a corporation, firm, company or association. See Tennessee Code 1-3-105
  • Plea: In a criminal case, the defendant's statement pleading "guilty" or "not guilty" in answer to the charges, a declaration made in open court.
  • Precedent: A court decision in an earlier case with facts and law similar to a dispute currently before a court. Precedent will ordinarily govern the decision of a later similar case, unless a party can show that it was wrongly decided or that it differed in some significant way.
  • Property: includes both personal and real property. See Tennessee Code 1-3-105
  • Property: means anything of value, including, but not limited to, real estate, tangible and intangible personal property, contract rights, choses-in-action and other interests in or claims to wealth, admission or transportation tickets, captured or domestic animals, electric or other power and signatures which purport to create, maintain or extinguish any legal obligation. See Tennessee Code 12-4-702
  • Public construction project: means and includes a public works project as defined in the Local Government Public Obligations Act of 1986, compiled in title 9, chapter 21. See Tennessee Code 12-4-801
  • Quorum: The number of legislators that must be present to do business.
  • Record: means information that is inscribed on a tangible medium or that is stored in an electronic or other medium and is retrievable in a perceivable form. See Tennessee Code 1-3-105
  • Regional planning commission: means any regional planning commission established by the department of economic and community development as provided by law, and includes any municipal planning commission designated by the department as the regional planning commission of a planning region composed of the territory of a single municipality, together with the territory adjoining but outside of such municipality, no part of which is outside the municipality's urban growth boundary or, if no such boundary exists, more than five (5) miles beyond the limits of such municipality. See Tennessee Code 13-3-401
  • Reporter: Makes a record of court proceedings and prepares a transcript, and also publishes the court's opinions or decisions (in the courts of appeals).
  • Representative: when applied to those who represent a decedent, includes executors and administrators, unless the context implies heirs and distributees. See Tennessee Code 1-3-105
  • Responsive bidder: means a person who has submitted a bid which conforms in all material respects to all documents, whether attached or incorporated by reference, utilized for soliciting bids. See Tennessee Code 12-4-801
  • Service: includes , but is not limited to: labor. See Tennessee Code 12-4-702
  • signed: includes a mark, the name being written near the mark and witnessed, or any other symbol or methodology executed or adopted by a party with intention to authenticate a writing or record, regardless of being witnessed. See Tennessee Code 1-3-105
  • State: when applied to the different parts of the United States, includes the District of Columbia and the several territories of the United States. See Tennessee Code 1-3-105
  • State: means the state of Tennessee. See Tennessee Code 12-4-502
  • State construction project: means any construction project for the purpose of erecting, remodeling, altering, repairing, demolishing, or making any additions to any building or buildings, any other type of building and construction work, or any construction project for the purpose of building, rebuilding, locating or relocating or repairing any streets, highways or bridges, wherein any state funds may be appropriated or expended for such building or construction work. See Tennessee Code 12-4-502
  • State contractor: means any person, firm or corporation engaged in a state construction project pursuant to a state contract. See Tennessee Code 12-4-502
  • Statute: A law passed by a legislature.
  • Subdivision: means , in any county having a population of not less than thirty-two thousand seven hundred (32,700) nor more than thirty-two thousand seven hundred sixty (32,760), according to the 1980 federal census or any subsequent federal census, the division of a tract or parcel of land into two (2) or more lots, sites or other divisions for the purpose, whether immediate or future, of sale or building development, and includes resubdivision and, when appropriate to the context, relates to the process of subdividing or to the land or area subdivided. See Tennessee Code 13-3-401
  • Subscription: includes a mark, the name being written near the mark and witnessed. See Tennessee Code 1-3-105
  • Temporary restraining order: Prohibits a person from an action that is likely to cause irreparable harm. This differs from an injunction in that it may be granted immediately, without notice to the opposing party, and without a hearing. It is intended to last only until a hearing can be held.
  • Testimony: Evidence presented orally by witnesses during trials or before grand juries.
  • Trial: A hearing that takes place when the defendant pleads "not guilty" and witnesses are required to come to court to give evidence.
  • United States: includes the District of Columbia and the several territories of the United States. See Tennessee Code 1-3-105
  • written: includes printing, typewriting, engraving, lithography, and any other mode of representing words and letters. See Tennessee Code 1-3-105
  • Year: means a calendar year, unless otherwise expressed. See Tennessee Code 1-3-105