{"data":{"id":"us-ut/utah-code-16-16-702","jurisdiction":"us-ut","citation":"Utah Code § 16-16-702","heading":"Marketing contracts.","body":"(1) 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(2) A marketing contract may:\n(a) authorize a limited cooperative association to create an enforceable security interest in the products, commodities, or goods delivered; and\n(b) 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(3) 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 16 Corporations","Chapter 16-16 Uniform Limited Cooperative Association Act","Part 16-16-7 Marketing Contracts"],"source_url":"https://le.utah.gov/xcode/Title16/Chapter16/16-16-S702.html","current_through":"2026 General Session","vintage":"","retrieved_at":"2026-09-03T11:34:33Z","sha256":"4a8778c3e3b481025c6eb852bc1da602125a28e21efaa59526aa55352feb3ffd","source_id":"us-ut","stale":false,"prev":"us-ut/utah-code-16-16-701","next":"us-ut/utah-code-16-16-703"},"notice":"GroundRules: Original legal text. Not legal advice."}