15 USC 13b - Cooperative Association; Return of Net Earnings or Surplus

Nothing in this Act shall prevent a cooperative association from returning to its members, producers, or consumers the whole, or any part of, the net earnings or surplus resulting from its trading operations, in proportion to their purchases or sales from, to, or through the association.

(June 19, 1936, ch. 592, §4, 49 Stat. 1528.)

Sections:  Previous  8  9  10  11  12  13  13a  13b  13c  14  15  15a  15b  15c  15d  Next

Last modified: October 26, 2015