{"data":{"id":"us-ky/krs-272a.7-020","jurisdiction":"us-ky","citation":"KRS 272A.7-020","heading":"Marketing contracts -- Title and enforcement.","body":"(1) If a marketing contract provides for the sale of products, commodities, or goods to a\nlimited cooperative association, the sale transfers title to the association upon\ndelivery or at any other specific time expressly provided by the contract.\n(2) A marketing contract may:\n(a) Authorize a limited cooperative association to create an enforceable security\ninterest in the products, commodities, or goods delivered; and\n(b) Allow the association to sell the products, commodities, or goods delivered\nand pay the sales price on a pooled or other basis after deducting selling costs,\nprocessing costs, overhead, expenses, and other charges.\n(3) Some or all of the provisions of a marketing contract between a patron member and\na limited cooperative association may be contained in the organic rules.","path":[],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=41027","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:53:22Z","sha256":"b289b210b4fc725d1c90c50893959ca4517d1817b88b47b8ed670aa00cd96778","source_id":"us-ky","stale":false,"prev":"us-ky/krs-272a.7-010","next":"us-ky/krs-272a.7-030"},"notice":"GroundRules: Original legal text. Not legal advice."}