15 U.S.C. § 13B
Section 13b · Cooperative association; return of net earnings or surplus
This is the Sherman Antitrust Act
Amended 1 time on record
Applied in 10 court decisions — leading case Northwest Wholesale Stationers, Inc. v. Pacific Stationery & Printing Co. (1985)
Most recently applied in Securities & Exchange Commission v. Guenthner (February 2003)
Nothing in this Act shall prevent a cooperative association from returning to its members, producers, or consumers the whole, or any part of, the net earnings or surplus resulting from its trading operations, in proportion to their purchases or sales from, to, or through the association.
Editorial notes U.S. Code · Office of the Law Revision Counsel
References in Text
This Act, referred to in text, is act June 19, 1936, ch. 592, 49 Stat. 1526, popularly known as the Robinson-Patman Antidiscrimination Act and also as the Robinson-Patman Price Discrimination Act, which enacted sections 13a, 13b, and 21a of this title and amended section 13 of this title. For complete classification of this Act to the Code, see Short Title note set out under section 13 of this title and Tables.
Cross References
Exemptions on non-profit institutions from provisions of this section, see section 13c of this title.