§421-2  Purposes.  An association may beorganized for the purpose of engaging in any cooperative activity for producersof agricultural products in connection with:

(1)  Producing, assembling, marketing, buying orselling agricultural products or harvesting, preserving, drying, processing,manufacturing, blending, canning, packing, ginning, grading, storing,warehousing, handling, shipping, or utilizing the products, or manufacturing ormarketing the byproducts, thereof; provided seventy-five per cent of suchagricultural products shall be of Hawaiian origin;

(2)  Manufacturing, buying for or supplying to itsmembers machinery, equipment, feed, fertilizer, fuel, seeds, and otheragricultural supplies;

(3)  Performing or furnishing business or educationalservices, on a cooperative basis, or to its members;

(4)  Financing any of the above enumerated activitiesfor its members. [L 1949, c 234, pt of §1; am L 1953, c 137, §1(a); RL 1955,§176-4; HRS §421-2; am L 1972, c 103, §1]