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Miss. Code Ann. § 81-17-5

Definitions

Known as the Farmers’ Credit Association Law

The act spans §§ 81–81 (13 sections).

Codes, 1930, § 6470; 1942, § 4912; Laws, 1924, ch. 271.

The terms used in this chapter, in addition to their common use and meaning are also defined as follows:

The term “agricultural products” shall include horticultural, viticultural, dairy, live stock, poultry, bee, fowl, and any other farm products;

The term “member” shall include actual members of associations without capital stock, and holders of common stock in associations organized with capital stock;

The term “association” means any association organized under this chapter; and,

The term “person” shall include individuals, firms, partnerships, corporations, and associations.

Associations organized hereunder shall be deemed nonprofit, inasmuch as they are not organized to make profits for themselves, as such, or for their members, as such, but only for their members as producers.

Current official text: Mississippi Code (LexisNexis). Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Mississippi statutes; confirm against the official source for the current text. Not legal advice.