Inducing or attempting to induce breach of marketing contract - Penalty.

Checkout our iOS App for a better way to browser and research.

A. Except as otherwise provided by this section, any person or corporation:

1. Whose officers or employees knowingly induce, or attempt to induce any member or stockholder of an association organized pursuant to the Cooperative Marketing Association Act or organized pursuant to similar statutes of other states and operating in this state under due authority, to breach its marketing contract with the association; or

2. Who maliciously and knowingly spread false reports about the finances, management, or activity of an association, organized pursuant to the Cooperative Marketing Association Act,

shall be deemed guilty of a misdemeanor and upon conviction thereof shall be subject to a fine of not less than One Hundred Dollars ($100.00) and not more than One Thousand Dollars ($1,000.00) for each such offense.

B. Any member may present anything relative to the affairs of the association at any annual or special meeting of the members, without being liable under this section.

Added by Laws 1937, p. 267, § 19. Amended by Laws 2001, c. 38, § 19, eff. Nov. 1, 2001. Renumbered from § 361r of this title by Laws 2001, c. 38, § 26, eff. Nov. 1, 2001.


Download our app to see the most-to-date content.