Okla. Stat. tit. 2, § 2-17-6

Each association incorporated pursuant to the Cooperative

Marketing Association Act shall have the power to:

1. Act as an agency for or subsidiary of or to assist

cooperative associations formed pursuant to the Cooperative

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Marketing Association Act or similar acts in any of the activities

authorized in Section 17-5 of this title and to act as a holding

corporation of the properties of the associations;

2. Make all necessary and proper contracts and agreements with

any other association formed in this or any other state, or in

connection with any other association in this or any other state, or

unite in employing and using, or separately to employ and use the

same methods, means, and agencies which may be used by another

association for carrying on and conducting the respective businesses

of the associations;

3. Act as the agent or representative of any member or members

in any lawful activity;

4. Make loans or advances to members or producer patrons or to

the members of an association which is itself a member;

5. Accept any kind, form, or type of obligation or security,

therefore to purchase, endorse, discount, or sell any note, draft,

bill of exchange, debenture, bill of sale, mortgage, or other

obligations acquired by it, the proceeds of which have been advanced

or used in the first instance for any of the purposes provided for

in the Cooperative Marketing Association Act; discount for or

purchase from any association, organized under the laws of any state

with or without its endorsement, any note, draft, bill of exchange,

debenture, bill of sale, mortgage, or other obligation the proceeds

of which are advanced or used in the first instance for carrying on

any cooperative activity authorized pursuant to the Cooperative

Marketing Association Act and to dispose of same with or without

endorsement. An association organized pursuant to the Cooperative

Marketing Association Act and exercising any of the powers provided

in this paragraph shall not engage in the business of banking;

6. Establish and accumulate reserves including a permanent

surplus fund as an addition to capital; invest the reserves either

directly or by means of subsidiary or affiliated associations or

other corporations in real estate or other property for carrying out

the purpose of the association, provided no real property

investments shall be made except for the purpose of leasing or

acquiring title to real property necessary for use in the conduct of

the primary business of the association, or the reserves may be

deposited or invested in securities as the bylaws may provide;

7. Purchase or acquire, hold, own, and exercise all rights of

ownership in, and to sell, transfer, pledge or guarantee the payment

of dividends or interest on, or the retirement or redemption of,

shares of capital stock, bonds, or other obligations of any

corporation or association, engaged in any directly or indirectly

related activity, or in the production, warehousing, handling, or

marketing of any of the products handled by the association;

8. Buy, hold, and exercise all privileges of ownership over

real or personal property, as may be necessary or convenient for the

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conduct and operation of any of the business of the association, or

incidental thereto;

9. Borrow money from any source without limitation as to amount

of corporate indebtedness or liability, with authority to give any

form of obligation or security therefor;

10. Establish and secure, own and develop patents, trademarks,

and copyrights;

11. Deal in products, handle machinery, equipment, or supplies,

or perform services for or on behalf of nonmembers to an amount not

greater in value during any fiscal year than are dealt in, handled,

or performed by it for, or on behalf of its members during the same

period;
rm of obligation or security therefor;

10. Establish and secure, own and develop patents, trademarks,

and copyrights;

11. Deal in products, handle machinery, equipment, or supplies,

or perform services for or on behalf of nonmembers to an amount not

greater in value during any fiscal year than are dealt in, handled,

or performed by it for, or on behalf of its members during the same

period;

12. Do each and everything necessary, suitable, or proper for

the accomplishment of any one of the purposes, or the attainment of

any one or more of the subjects enumerated and authorized by the

Cooperative Marketing Association Act, or conducive to or expedient

for the interest or benefit of the association, and to contract

accordingly; and

13. Exercise and possess all powers, rights, and privileges

necessary or incidental to the purposes for which the association is

organized, or the activities in which it is engaged; and any other

rights, powers, and privileges granted by the laws of this state to

ordinary business corporations, except as are inconsistent with the

express provisions of the Cooperative Marketing Association Act.