Sec. 1. (a) The following are the purposes of this chapter:
(1) To promote, foster, and encourage the intelligent and orderly production and marketing of agricultural products through cooperation.
(2) To eliminate speculation and waste.
(3) To make the distribution of agricultural products between producer and consumer as direct as can be efficiently done.
(4) To stabilize the marketing of agricultural products.
(5) To provide for the organization and incorporation of agricultural cooperative associations and societies.
(b) The general assembly recognizes the following:
(1) That agriculture is characterized by individual production in contrast to the group or factory system that characterizes other forms of industrial production.
(2) That the ordinary form of corporate organization permits industrial groups to combine for the purpose of group production and the ensuing group marketing.
(3) That the public has an interest in permitting farmers to bring their industry to the high degree of efficiency and merchandising skill evidenced in the manufacturing industries.
(4) That the public interest demands that the farmer be encouraged to attain a superior and more direct system of marketing as an alternative to the blind, unscientific, and speculative selling of crops.
[Pre-2008 Recodification Citation: 15-7-1-1.]
As added by P.L.2-2008, SEC.3.
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