17-10-102. Definitions; associations deemed nonprofit; short title.
(a) The term "agricultural products" shall include horticultural, viticultural, forestry, dairy, livestock, poultry, bee, and any farm products.
(b) The term "member" shall include actual members of associations without capital stock and holders of common stock in associations organized with capital stock.
(c) The term "association" or "cooperative" means any corporation organized under this act.
(d) The term "person" shall include individuals, firms, partnerships, corporations and associations.
(e) 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.
(f) This act shall be referred to as the "Cooperative Marketing Act".
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