Three or more persons engaged in the production of agricultural products may form a nonprofit, cooperative association, with or without capital stock, under the provisions of this Subchapter.
N.C. Gen. Stat. § 54-131
Who may organize
Known as the Cooperative Marketing Act
The act spans §§ 54–54 (18 sections).
1921, c. 87, s. 3; C.S., s. 5259(c); 1979, c. 908, s. 1.
Official source: North Carolina General Assembly. Reproduced from public-domain North Carolina statutes; confirm against the official source for the current text. Not legal advice.