Section 54262 Of Article 10. Marketing Contracts From California Food And Agricultural Code >> Division 20. >> Chapter 1. >> Article 10.
54262
. The contract may provide that the association may sell or
resell any product that is delivered by its members, with or without
taking title to that product, and pay over to its members, the resale
price, after deducting all of the following:
(a) Necessary selling, overhead, and other costs and expenses.
(b) Proper reserves for retiring stock, if any.
(c) Dividends not exceeding 8 percent per annum upon stock or
membership capital.