California Statutes
§ 54262. — 54262. (Amended by Stats. 1997, Ch. 46, Sec. 2.)
California § 54262.
JurisdictionCalifornia
Code FACFood and Agricultural Code - FAC
Div. 20.DIVISION 20. PROCESSORS, STORERS, DEALERS, AND DISTRIBUTORS OF AGRICULTURAL PRODUCTS
Ch. 1.CHAPTER 1. Nonprofit Cooperative Associations
Art. 10.ARTICLE 10. Marketing Contracts
This text of California § 54262. (54262. (Amended by Stats. 1997, Ch. 46, Sec. 2.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Cal. Food and Agricultural Code - FAC Code § 54262. (2026).
Text
The contract may provide that the association may sell or resell any product that is delivered by its members, with or without taking title to that product, and pay over to its members, the resale price, after deducting all of the following:
(a)Necessary selling, overhead, and other costs and expenses.
(b)Proper reserves for retiring stock, if any.
(c)Dividends not exceeding 8 percent per annum upon stock or membership capital.
Free access — add to your briefcase to read the full text and ask questions with AI
Legislative History
Amended by Stats. 1997, Ch. 46, Sec. 2. Effective January 1, 1998.
Cite This Page — Counsel Stack
Bluebook (online)
California § 54262., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/FAC/54262..