35-17-103. Definitions and associations as nonprofit entities. (1) The term "agricultural products" shall include horticultural, viticultural, forestry, dairy, livestock, poultry, bee, and any farm products.
     (2) The term "association" means any corporation organized under this chapter.
     (3) The term "member" shall include actual members of associations without capital stock and holders of common stock in associations organized with capital stock.
     (4) The term "person" shall include individuals, firms, partnerships, corporations, and associations.
     (5) Associations organized hereunder shall be deemed nonprofit inasmuch as they are not organized to make profits for themselves, as such, or for their members, as such, but only for their members as producers.

     History: En. Sec. 2, Ch. 233, L. 1921; re-en. Sec. 6429, R.C.M. 1921; re-en. Sec. 6429, R.C.M. 1935; R.C.M. 1947, 14-402(part).