2010 Georgia Code 2-10-106 Case Law
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Graham W. Syfert, Esq.

1650 Margaret St, Ste. 302, PMB#264
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Phone: 904-383-7448
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Fax: 904-638-4726

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One Click Case Law for § 2-10-106
O.C.G.A. § 2-10-105 <-- --> O.C.G.A. §2-10-107



2010 Georgia Code

TITLE 2 - AGRICULTURE

CHAPTER 10 - MARKETING FACILITIES, ORGANIZATIONS, AND PROGRAMS
ARTICLE 3 - COOPERATIVE MARKETING ASSOCIATIONS
§ 2-10-106 - Distribution of excess income, reserves, or surpluses

O.C.G.A. 2-10-106 (2010)
2-10-106. Distribution of excess income, reserves, or surpluses


Net income of a cooperative association organized under this article, in excess of additions to reserves, surpluses, and other authorized deductions, may be distributed to members and to nonmember patrons on the basis of patronage. Any distribution of reserves or surpluses at any time shall be made to members at the time distribution is ordered and to other persons entitled thereto on the basis of patronage.

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Graham W. Syfert, Esq., P.A.
Phone: 904-383-7448
Fax: 904-638-4726

graham@syfert.com