D.C. Code § 29-1007.02

Marketing contracts.

Last amended: 2011Year: 2026Length: 126 wordsOfficial source
(a) If a marketing contract provides for the sale of products, commodities, or goods to a limited cooperative association, the sale shall transfer title to the association upon delivery or at any other specific time expressly provided by the contract. (b) A marketing contract may: (1) Authorize a limited cooperative association to create an enforceable security interest in the products, commodities, or goods delivered; and (2) Allow the association 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 limited cooperative association may be contained in the organic rules.
D.C. Code § 29-1007.02: Marketing contracts. | Justis AI