Mich. Comp. Laws § 450.108

Current through Public Act 171 of the 2024 Legislative Session
Section 450.108 - Cooperative corporations; dealing in commodities; contracts, agreements

Same; contracts and agreements. Every cooperative corporation engaged in buying, handling, selling or dealing in farm produce or other agricultural products, canned goods, or byproducts of any such goods, wares, merchandise or commodities, may enter into any and all necessary contracts with stockholders, members or other persons respecting the terms of such transaction, and may deal in such commodities upon commission or brokerage basis, by agency agreements, or upon a warehouse storage plan.

MCL 450.108

1931, Act 327, eff. 9/18/1931 ;--Am. 1941, Act 327, eff. 1/10/1942 ;--CL 1948, 450.108.