§ 15-12-1-1 — Purpose; legislative declaration

Indiana § 15-12-1-1

• Jurisdiction: Indiana
• Art. 12: AGRICULTURAL ASSISTANCE
• Ch. 1: Agricultural Cooperatives

Text

(a) The following are the purposes of this
chapter:
(1) To promote, foster, and encourage the intelligent and orderly
production and marketing of agricultural products through
cooperation.
(2) To eliminate speculation and waste.
(3) To make the distribution of agricultural products between
producer and consumer as direct as can be efficiently done.
(4) To stabilize the marketing of agricultural products.
(5) To provide for the organization and incorporation of
agricultural cooperative associations and societies.
(b) The general assembly recognizes the following:
(1) That agriculture is characterized by individual production in
contrast to the group or factory system that characterizes other
forms of industrial production.
(2) That the ordinary form of corporate organization permits
industrial groups to combine for the purpose of group production
and the ensuing group marketing.
(3) That the public has an interest in permitting farmers to bring
their industry to the high degree of efficiency and merchandising
skill evidenced in the manufacturing industries.
(4) That the public interest demands that the farmer be
encouraged to attain a superior and more direct system of
marketing as an alternative to the blind, unscientific, and
speculative selling of crops.
[Pre-2008 Recodification Citation: 15-7-1-1.]

Legislative History

As added by P.L.2-2008, SEC.3.