Three or more qualified persons engaged in the production of agricultural products or the provision of goods and services may form a cooperative association with or without capital stock. Three or more cooperative associations may form an agricultural credit association, with or without capital stock, under this article and in compliance with the credit union provisions of chapter thirty-one-c of this code.

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Terms Used In West Virginia Code 19-4-2

  • Agricultural products: means horticultural, viticultural, forestry, dairy, livestock, poultry, bee, and any farm products in their natural form or processed. See West Virginia Code 19-4-1
  • association: means any corporation organized under this article. See West Virginia Code 19-4-1
  • Goods and services: means food and beverages, arts and crafts, woodworking and furniture-making, and recycling, composting and repurposing materials. See West Virginia Code 19-4-1