Nebraska § 59-1618 Agricultural products; producers; associations; form; requirements

Nebraska Statutes

§ 59-1618 — Agricultural products; producers; associations; form; requirements

Nebraska § 59-1618

Ch. 59Monopolies and Unlawful Restraint of Trade

This text of Nebraska § 59-1618 (Agricultural products; producers; associations; form; requirements) is published on Counsel Stack Legal Research, covering Nebraska primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Neb. Rev. Stat. § 59-1618 (2026).

Text

Persons engaged in the production of agricultural products as farmers, planters, ranchmen, dairymen, nut growers, or fruit growers may act together in associations, corporate or otherwise, with or without capital stock, in collectively processing, preparing for market, handling, and marketing such products in intrastate commerce. Such associations may have marketing agencies in common, and the associations and their members may make the necessary contracts and agreements to effect such purposes. The associations shall be operated for the mutual benefit of the members thereof, as such producers, and conform to one or both of the following requirements:

(1)That no member of the association is allowed more than one vote because of the amount of stock or membership capital he may own therein;

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Persons engaged in the production of agricultural products as farmers, planters, ranchmen, dairymen, nut growers, or fruit growers may act together in associations, corporate or otherwise, with or without capital stock, in collectively processing, preparing for market, handling, and marketing such products in intrastate commerce. Such associations may have marketing agencies in common, and the associations and their members may make the necessary contracts and agreements to effect such purposes. The associations shall be operated for the mutual benefit of the members thereof, as such producers, and conform to one or both of the following requirements:
(1) That no member of the association is allowed more than one vote because of the amount of stock or membership capital he may own therein; or
(2) That the association does not pay dividends on stock or membership capital in excess of eight percent per annum.
Such association shall not deal in the products of nonmembers to an amount greater in value than such as are handled by it for members.