There is a newer version of the Arizona Revised Statutes
2011 Arizona Revised Statutes
Title 10 Corporations and Associations
10-2003 Requirements for formation; limitation on association profits
AZ Rev Stat § 10-2003 (1996 through 1st Reg Sess 50th Legis) What's This?
10-2003. Requirements for formation; limitation on association profits
A. Five or more persons engaged in the production of agricultural products may form a nonprofit, cooperative association without capital stock under the provisions of this article.
B. Associations organized under this article shall not make profits for themselves or for their members, but only for their members as producers.
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