COOPERATIVE AGRICULTURE IN FLORiDA 105

 CHAPTER VII

 Federal and State Laws Governing
 Cooperative Corporations

 Most cooperatives are interested in three types of
general legislation. The first class includes the coopera-
tive marketing acts and other acts permitting the forma-
tion and operation of cooperatives on a basis not per-
mitted under the general corporation laws The second
class of laws include such features as found in the ex-
emption provisions of the Federal Revenue Act, in the
financing features of the Farm Credit Act, and in the
anti-trust exemption contained m the Capper-Volstead
Act The third class embraces the many laws, both State
and Federal, which regulate business and business prac-
tices, which impose taxes, and which govern the relations
between employer and employee. Examples of this type
of legislation are the Robinson-Patman Act, Social Secur-
ity Act, Wagner-Connery Labor Act, and laws such as
those governing cold storage and warehouse companies.
 The Robinson-Patman Act prohibits discrimination
m price between purchasers of commodities of like grade
and quality. To accomplish this, certain discrimination
m price and advertising and brokerage allowances have
been made unlawful This law requires a seller to treat
all of his customers equally, or at least on proportion-
ately equal terms. It applies to every transaction of
interstate commerce and it applies indirectly to intrastate
sales. Those responsible for the management of coopera-
tives engaged in buying or selling goods in intrastate
commerce, should become familiar with the provisions of
this act and endeavor to keep up to date with the rules
and regulations imposed by the agency responsible for
its administration.
 The Social Security Act is legislation of a different
character. It provides, among other things, for old-age
benefits or pensions, and indirectly for unemployment m-