Statute · California Corporations Code

Cal. Corp. Code § 13352 — Marketing Contracts

Cal. Corp. Code § 13352

Type
Statute
Source
California Corporations Code
Jurisdiction
California
Current through
Nov 2, 2026 (California Legislative Counsel)

The contract may provide that the association may sell or resell the fishery products delivered by its members, with or without taking title thereto; and pay over to its members the resale price, after deducting all necessary selling, overhead, and other costs and expenses, including interest on…

Citator

Cal. Corp. Code § 13352 — Marketing Contracts is in force in the current edition of the Code, and nothing recorded condemns it.

The contract may provide that the association may sell or resell the fishery products delivered by its members, with or without taking title thereto; and pay over to its members the resale price, after deducting all necessary selling, overhead, and other costs and expenses, including interest on preferred stock, not exceeding 8 percent per annum, and reserves for retiring the stock, if any; and other proper reserves; and interest not exceeding 8 percent per annum upon common stock.