New York Cooperative Corporations Law Article 6 - AGRICULTURAL COOPERATIVE CORPORATION

• 110 - Declaration of Policy.
  It is the declared policy of this state to promote the effective production and merchandising of agricultural commodities by providing the means by which farmers...
• 111 - Definitions.
  For the purposes of this article: (a) the term "agricultural cooperative" means a cooperative, either stock or non-stock, operated for the mutual benefit of the...
• 112 - Incorporation.
  Five or more producers of agricultural products may form a cooperative agricultural corporation with or without capital stock, under this article. If the principal activities...
• 113 - Reserves.
  In addition to reserves for depreciation, depletion, obsolescence and bad debts, agricultural cooperatives shall create and maintain minimum general purpose reserves. Such reserves shall be...

Last modified: February 3, 2019