§ 13241 Stock Transfer Restrictions

• •Only farmers or producers can own shares in farming associations.
• •Farming associations cannot sell shares to people who do not produce the products they handle.
• •This rule helps keep farming associations focused on supporting actual farmers.

A person who does not grow or produce any crops tries to buy shares in a farming cooperative.

The farming cooperative must refuse to sell shares to this person because they are not a farmer or producer.