CORPORATIONS, ASSOCIATIONS, AND PROPRIETORS OF COMMON LANDS
COOPERATIVE MARKETING AND RURAL ELECTRIFICATION ASSOCIATIONS
Five or more persons, a majority of whom are residents of this state, engaged in the production of agricultural products, may form a nonprofit, cooperative association, with or without capital stock, under the provisions of this chapter.
Source. 1925, 33:2. PL 224:2. RL 273:2.