Vermont § 702 Marketing contracts

Vermont Statutes

§ 702 — Marketing contracts

Vermont § 702

Title 11CTitle 11C: Mutual Benefit Enterprises

Ch. 7Article 007: Marketing Contracts

This text of Vermont § 702 (Marketing contracts) is published on Counsel Stack Legal Research, covering Vermont primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Vt. Stat. Ann. tit. 11C, § 702 (2026).

Text

(a)If a marketing contract provides for the sale of products, commodities, or goods to a mutual benefit enterprise, the sale transfers title to the enterprise upon delivery or at any other specific time expressly provided by the contract.

(b)A marketing contract may:

(1)authorize a mutual benefit enterprise to create an enforceable security interest in the products, commodities, or goods delivered; and

(2)allow the enterprise 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 mutual benefit enterprise may be contained in the organic rules. (Added 2011, No. 84

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(a) If a marketing contract provides for the sale of products, commodities, or goods to a mutual benefit enterprise, the sale transfers title to the enterprise upon delivery or at any other specific time expressly provided by the contract.
(b) A marketing contract may:
(1) authorize a mutual benefit enterprise to create an enforceable security interest in the products, commodities, or goods delivered; and
(2) allow the enterprise 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 mutual benefit enterprise may be contained in the organic rules. (Added 2011, No. 84 (Adj. Sess.), § 1, eff. April 20, 2012.)