499.3  Dealing with nonmembers.

A nonstock livestock shipping association shall not handle livestock of any nonmembers.

Any association may limit its dealings or any class thereof to members only.

No association shall, during any year, deal or function with or for nonmembers to an extent exceeding one-half of the value of business done. This provision shall not apply to its sales or services to municipal or governmental bodies; nor to agricultural associations' purchases from or sales to corporate landowners who are not primarily engaged in the business of farming.

Section History: Early form

  [C35, § 8512-g3; C39, § 8512.03; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, § 499.3]

Internal References

  Referred to in § 499.2, 499.49

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