Oklahoma § 18-441-702 Marketing contracts.

Oklahoma Statutes

§ 18-441-702 — Marketing contracts.

Oklahoma·Title 18 Corporations

MARKETING CONTRACTS.

(a)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.

(b)A marketing contract may:

(1)Authorize a limited cooperative association to create an enforceable security interest in the products, commodities, or goods delivered; and (2) 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.

(c)Some or all of the provisions of a marketing contract between a patron member and a limited cooperative association may be contained i

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MARKETING CONTRACTS. (a) 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. (b) A marketing contract may: (1) Authorize a limited cooperative association to create an enforceable security interest in the products, commodities, or goods delivered; and (2) 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. (c) Some or all of the provisions of a marketing contract between a patron member and a limited cooperative association may be contained in the organic rules.

Oklahoma § 18-441-702 (Marketing contracts.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.