124 DEPARTMENT OF AGRICULTURE


 618.02 Who may organize association.-Thiee or more persons en-
gaged in the production of an)y agnciltuial products, or three or mine
associations, man form a nonprofit cooperative association under the pro
visions of this chapter
 61803 Preliminaly investigation.-Every group of persons contem-
platmg the organization of an association under tiis chapter is urged to
cnlmmunicate with the state marketing collnmissionor, who will inform it
hates er a survey of the marketing conditions affecting the commodities
to be handled b] the proposed association indicates regarding probable
success.
 61804 Articles of incorpoation, fees.-Each association organized
under this chapter shall prepare and file articles of incorporation setting
forth.
 (1) The name of the association, which may or may not include the
word cooperative or any abbreviation thereof;
 (2) The prposepu foi which it is formed,
 (3) The place where its principal onice wllsi the state w il be located,
 (4) The term for which it is to exist, not exceeding fifty years,
 (5) The names and addresses (not less than three), of those who are
to serve as directors or the first term o0 until the election of their success
sors,
 (6) If oiganzed without capital stock, whcthei the property rights and
interest of each member shall be cqual oi unequal, if unequal, the general
rules applicable to all members by which the plopetty rights and interest,
respectively, of each member may and shall be determined and fixed, and
provision for the admission of new members, who shall be entitled to
share in the property of the association with the old members, in accordance
with such general rules This provision or paragialip of tihe articles of
icorpoiation shall not be altered, amended or repealed, except by the
s\ritten consent o0 vote of thiee-fourths of tihe members,
 (7) If organized with capital stock, ite amount of such stock and
the numbci of shares into which the capital stock is to be divided whether
all or pait of the same shall have a par value, and if so, the par value
thereof, whether all or part of the same shall have no par value, and if
there is to be more than one class of stock created, a descrnpon of the
different classes, the number of shares in each class, and the relative rights,
interests and prefer ences each class shall represent;
 (8) In addition to the foregoing, the articles of incorporation of any
association incorporated hercunder may contain any piloision consistent
with law with respect to management. regulation, government, financing,
indebtedness, membelshlp, the establishment of voting districts and the
election of delegates for representative purposes, the issuance, retirement
and transfer of its stock if formed with capital stock or any provisions
relative to the way or manner in which it shall operate or with respect
to its members, officers oi directors and any other provisions iclating to
its affairs,