2019 Indiana Code
Title 15. Agriculture and Animals
Article 12. Agricultural Assistance Organizations and Programs
Chapter 1. Agricultural Cooperatives
15-12-1-46. Exemption from conspiracy and monopoly laws; legality of marketing contracts
Sec. 46. (a) An association that is organized under this chapter or that is organized under an agricultural cooperative law of another state and is admitted to do business in Indiana is not:
(1) a conspiracy or a combination in restraint of trade;
(2) an illegal monopoly; or
(3) an attempt to:
(A) lessen competition;
(B) fix prices arbitrarily; or
(C) create a combination or pool;
in violation of any Indiana law.
(b) The marketing contracts and agreements between an association described in subsection (a) and the association's members and any agreements authorized in this chapter are not:
(1) illegal;
(2) in restraint of trade; and
(3) contrary to any law enacted against pooling or combinations.
[Pre-2008 Recodification Citation: 15-7-1-27.]
As added by P.L.2-2008, SEC.3.
