10-2018. Investments; limitation; disposition
of profits
A. An association may organize, form, operate, own, control, have an interest in,
own stock of or be a member of any other corporation, with or without capital stock,
engaged in processing, handling, utilizing, manufacturing, marketing, financing or
selling agricultural products handled by the association, or the by-products thereof.
B. Profits or income received from the investments provided for in subsection A may
be added to the reserves of the association to be distributed or handled according to the
discretion of the board of directors.
C. An association may enter into agreements and arrangements with another
cooperative corporation or association formed in this or any other state for the
cooperative and more economical carrying on of its business, or any part thereof. Any
two or more associations may by agreement unite in employing and using the same methods,
means and agencies for conducting their businesses.
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