3-1-4 - Purposes.
3-1-4. Purposes.
Such association may be organized for the purpose of engaging in any cooperativeactivity for producers of agricultural products in connection with:
(1) producing, assembling, marketing, buying or selling agricultural products, orharvesting, preserving, drying, processing, manufacturing, blending, canning, packing, ginning,grading, storing, warehousing, handling, shipping, or utilizing such products, or manufacturing ormarketing the by-products thereof;
(2) seed and crop improvement, and soil conservation and rehabilitation;
(3) manufacturing, buying or supplying to its members and others, machinery,equipment, feed, fertilizer, coal, gasoline and other fuels, oils and other lubricants, seeds, and allother agricultural and household supplies;
(4) generating and distributing electrical energy and furnishing telephone service to itsmembers and others;
(5) performing or furnishing business or educational services, on a co-operative basis, foror to its members; or
(6) financing any of the above enumerated activities.
Amended by Chapter 324, 2010 General Session