Effective - 28 Aug 1939
276.100. Organization may make and enforce bylaws and rules. — Any such organization may make and enforce reasonable bylaws and rules for the conduct of its members but such organization shall not make any order, rule, regulation or bylaws limiting the right of any member of the organization to distribute, in whatever manner and at whatever times the member may desire, to the persons composing any partnership in which the member is financially interested or to the shareholders of any corporation or cooperative association in which such member is a shareholder the* profits of such member to the persons composing such partnership or to the shareholders of such corporation or cooperative association in proportion to the quantity of grain or other farm products shipped to such member by the persons composing such partnership or the shareholders of such corporation or cooperative association and any such order, rule, regulation or bylaw now nor hereafter, made, promulgated or adopted shall be invalid and void.
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(RSMo 1939 § 14392)
Prior revision: 1929 § 12734
*Word "to" appears in original rolls.