Indiana Code 15-12-1-46. Exemption from conspiracy and monopoly laws; legality of marketing contracts
Current as of: 2024 | Check for updates
|
Other versions
Sec. 46. (a) An association that is organized under this chapter or that is organized under an agricultural cooperative law of another state and is admitted to do business in Indiana is not:
(2) an illegal monopoly; or
(1) a conspiracy or a combination in restraint of trade;
Terms Used In Indiana Code 15-12-1-46
- association: means any corporation organized under or governed by this chapter. See Indiana Code 15-12-1-4
(3) an attempt to:
(A) lessen competition;
(B) fix prices arbitrarily; or
(C) create a combination or pool;
in violation of any Indiana law.
(b) The marketing contracts and agreements between an association described in subsection (a) and the association’s members and any agreements authorized in this chapter are not:
(1) illegal;
(2) in restraint of trade; and
(3) contrary to any law enacted against pooling or combinations.
[Pre-2008 Recodification Citation: 15-7-1-27.]
As added by P.L.2-2008, SEC.3.