Okla. Stat. tit. 2, § 2-17-17: Contracts as condition of membership - Title to products

- Withdrawal of members - Filing of contracts - Fees - Termination

certificate.

A. 1. Members may be required to execute contracts as a

condition of admission to the association, whereby the members agree

to:

a. patronize the facilities created by the association,

b. sell all or a specified part of their products to or

through, or

c. buy all or a specified part of their supplies from or

through, the association or any facilities created by

it.

2. If the members in the association contract a sale to or

through the association the fact that for certain purposes the

relation between the association and its members may be one of

agency shall not prevent the passage from the member to the

association of absolute and exclusive title to the products which

are the subject matter of the contract. The title shall pass to the

association upon delivery of the product or at any other specified

time which may be expressly and distinctly agreed upon in the

contract, subject to previously existing liens.

3. In the case of contracts with members who are natural

persons, if the period of the contract exceeds three (3) years, the

contracts executed thereunder shall specify a reasonable period in

each year during which the member by giving to the association

reasonable notice as may be prescribed in the contract may withdraw

and be released from the obligations under the contract, subject to

liability already incurred by the member as a member of the

association.

4. In the absence of a provision for notice or withdrawal in

the contract a member who is a natural person may withdraw at any

time after three (3) years subject to liabilities already incurred.

B. 1. The association may cause the original of a contract or

an authenticated copy of the contract to be filed in the office of

the county clerk of the county in which the products described in

the contract, or any part of the contract, are or will at some

future time be situated. The contracts shall describe the property

or services affected, the manner in which they are affected, and the

time for which they are affected and shall state the names and

residences of the parties to the contract.

2. The fees for filing the contracts shall be twenty-five cents

($0.25) for each contract, except that when an association files

more than one contract in a county which are substantially the same

except for the signature of one of the parties the filing fee shall

be twenty-five cents ($0.25) for the first contract and five cents

($0.05) for each similar contract.

C. Whenever a contract terminates, the association shall on

demand give to the member a certificate to that effect. The

certificate may be filed with the county clerk. The county clerk

shall be entitled to the same filing fees pursuant to this

subsection as in the case of chattel mortgages.