Okla. Stat. tit. 18, § 18-441-702
This is the official text of Okla. Stat. tit. 18, § 18-441-702, part of Oklahoma’s Stat. tit. 18, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 18,." Browse the sections below, each linked to its official government source.
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Marketing contracts
Official statutory text
MARKETING CONTRACTS.
(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.
(b) A marketing contract may:
(1) Authorize a limited cooperative association to create an
enforceable security interest in the products, commodities, or goods
delivered; and
(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.
(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.
(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.
(b) A marketing contract may:
(1) Authorize a limited cooperative association to create an
enforceable security interest in the products, commodities, or goods
delivered; and
(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.
(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.
Status: in_force · Read it on the official government site
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