{"data":{"id":"us-gu/18-gca-17702","jurisdiction":"us-gu","citation":"18 GCA § 17702","heading":"Marketing Contracts.","body":"(a) If a marketing contract provides for the sale of products, commodities, or goods to a limited cooperative association, the sale transfers title to the association upon delivery or at any other specific time expressly provided by the contract.\n(b) A marketing contract may:\n(1) authorize a limited cooperative association to create an enforceable security interest in the products, commodities, or goods delivered; and\n(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.\n(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.","path":["Title 18: Business Structure and Function","Division 1 - Business Structure","Part 2 - Special Corporate Forms","Chapter 17: Guam Uniform Limited Cooperative Association Act","ARTICLE 7: MARKETING CONTRACTS"],"source_url":"https://col.guamcourts.gov/sites/default/files/18gc017.pdf","current_through":"P.L. 38-133 (June 4, 2026)","vintage":"","retrieved_at":"2026-09-27T03:54:38Z","sha256":"315e546a20e8575332ca1c5cb3bed79fdaba036dde5eb10ca985c097529a480b","source_id":"us-gu","stale":false,"prev":"us-gu/18-gca-17701","next":"us-gu/18-gca-17703"},"notice":"GroundRules: Original legal text. Not legal advice."}
