Section 2-10-99 – Powers of Association.
Section 2-10-99 Powers of association. An association incorporated under this article shall have the power to: (1) Contract and be contracted with; (2) Borrow and lend money; (3) Issue notes, bonds and other obligations and secure the payment of the same by mortgage or otherwise; (4) Buy, contract for, own, sell, convey, pledge, mortgage and […]
Section 2-10-100 – Associations May Federate.
Section 2-10-100 Associations may federate. Associations incorporated under this article may, in carrying out their purposes, become members of and enjoy the facilities and cooperation of any federation whose members are agricultural societies, organizations or associations whose purposes and operations are in any way promotive of and not inconsistent with the purpose of this article. […]
Section 2-10-101 – How Federation Organized and Managed.
Section 2-10-101 How federation organized and managed. Five or more associations or corporations organized under this article, or whose purposes and operations are in any way promotive of, and not inconsistent with, the purposes of this article, whether incorporated under this article or not, may organize and incorporate a federation with such incorporated associations as […]
Section 2-10-102 – Powers of Federation.
Section 2-10-102 Powers of federation. Any federation incorporated under Section 2-10-101 for the purpose of carrying out the purposes of this article and the rendition of services to its constituent members and their members shall have all the rights, powers, privileges and immunities given its constituent members as an incorporated association under this article. The […]
Section 2-10-103 – Charges for Expenses and Creating Reserve; Patronage Dividends.
Section 2-10-103 Charges for expenses and creating reserve; patronage dividends. An association incorporated under this article may make charges to its members and deductions from the proceeds of their products for services rendered to them, for the purpose of paying the expenses of operation and the maintenance and development of such association and for the […]
Section 2-10-104 – Certain Civil Actions Authorized.
Section 2-10-104 Certain civil actions authorized. An association incorporated under this article may institute and defend civil actions and may collect, institute civil actions for and realize on claims for the purchase money of products sold by it for its members or nonmembers, and on claims for freight overcharges on and for loss and damage […]
Section 2-10-105 – Permit Fee; Taxation.
Section 2-10-105 Permit fee; taxation. Any corporation or association organized under this article shall pay to the state the annual permit fee of $10.00 now required by law and shall pay all ad valorem taxes on its real and personal property; except, that all cotton and all other agricultural products which have been raised or […]
Section 2-10-90 – Definitions.
Section 2-10-90 Definitions. The following terms, as used in this article, shall have the meanings respectively ascribed to them in this section: (1) PRODUCERS OF AGRICULTURAL PRODUCTS. Individual persons, partnerships, associations and corporations who produce such products either directly or as landlords, tenants or sharecroppers. (2) AGRICULTURAL PRODUCTS. The products of field, pasture, meadow and […]
Section 2-10-106 – Existing Associations May Come Under This Article.
Section 2-10-106 Existing associations may come under this article. Existing associations may come under this article. Any cooperative association already in existence may by majority vote of the stockholders or its members be brought under the provisions of this article by adopting the restrictions provided in this article and complying with the requirements of this […]
Section 2-10-91 – Purposes of Article.
Section 2-10-91 Purposes of article. The purposes of this article are to promote the general welfare of agriculture; to enable producers of agricultural products, whether in the State of Alabama or not, to cooperate in the production, processing, packing, distribution, financing and marketing of agricultural products and in the manufacturing, supplying or selling of machinery, […]