Colorado § 7-58-702 Marketing contracts

Colorado Statutes

§ 7-58-702 — Marketing contracts

Colorado·Title 07 Corporations·Art. Uniform Limited Cooperative Association Act

(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.

(2)A marketing contract may:

(a)Authorize a limited cooperative association to create an enforceable security interest in the products, commodities, or goods delivered; and

(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.

(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 arti

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(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.

(2) A marketing contract may:

(a) Authorize a limited cooperative association to create an enforceable
security interest in the products, commodities, or goods delivered; and

(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.

(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 articles or
bylaws.

Colorado § 7-58-702 (Marketing contracts) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.