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Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
2026-07-06 09:52:37 -04:00

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LegalText 7 U.S.C. § 291 Authorization of associations; powers us united_states_code code_section 7 AGRICULTURE 12 ASSOCIATIONS OF AGRICULTURAL PRODUCTS PRODUCERS 291 7 U.S.C. § 291 current 119-100 2026-06-26 official https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc07@119-100.zip /us/usc/t7/s291 data/legal/raw/us/code/title-07/usc07.xml e1d6afd0eac02c4609ebb11496a22dadd6703afa6d47c022324accb2ddfa8e73 50edab1679a711653797362c0aeb8f2273303fe473fb7fa16df1ee76bdd6e984 37b8e6632f868447205e983f243fd3ae080f543ecc39fb49b75fd8041c3b7aa3 2026-07-04 official
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7 U.S.C. § 291 - Authorization of associations; powers

Text

Persons engaged in the production of agricultural products as farmers, planters, ranchmen, dairymen, nut 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 in interstate and foreign commerce, such products of persons so engaged. Such associations may have marketing agencies in common; and such associations and their members may make the necessary contracts and agreements to effect such purposes: Provided, however, That such associations are operated for the mutual benefit of the members thereof, as such producers, and conform to one or both of the following requirements: First. 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, Second. That the association does not pay dividends on stock or membership capital in excess of 8 per centum per annum. And in any case to the following: Third. That the association shall not deal in the products of nonmembers to an amount greater in value than such as are handled by it for members.

(Feb. 18, 1922, ch. 57, § 1, 42 Stat. 388.)