D.C. Code § 29-1007.02: Marketing contracts.
Where this section sits in the code
- Title 29. Business Organizations. [Enacted title]
- Chapter 10. Limited Cooperative Associations.
- Subchapter VII. Marketing Contracts.
(a)
If a marketing contract provides for the sale of products, commodities, or goods to a limited cooperative association, the sale shall transfer title to the association upon delivery or at any other specific time expressly provided by the contract.
(b)
A marketing contract may:
(1)
Authorize a limited cooperative association to create an enforceable security interest in the products, commodities, or goods delivered; and
(2)
Allow the association to sell the products, commodities, or goods delivered, and pay the sales price, on a pooled or other basis after deducting selling costs, processing costs, overhead, expenses, and other charges.
(c)
Some or all of the provisions of a marketing contract between a patron member and a limited cooperative association may be contained in the organic rules.
Collected 2026-08-29T05:44:07Z. Source file · JSON