Ohio Code § 1729.67
Ohio Code § 1729.67. Reproduced from the official Ohio Revised Code, with a citation summary, verification link, and related provisions.
§ 1729.67.
(A) A cooperative and any member may make marketing agreements, whether written separately
or contained in the bylaws, in which the member agrees to do any of the following: (1) Sell, market, or deliver all or any specified part of products produced or to be
produced either by the member or under the member's control, to or through the cooperative
or any facilities furnished by it; (2) Authorize the cooperative or any facilities furnished by it to act for the member
in any manner with respect to all or any specified part of products produced or to
be produced either by the member or under the member's control and any services to
be furnished by the member; (3) Buy or procure all or a specified part of goods or services from or through the cooperative
or any facilities furnished by it; (4) Authorize the cooperative or any facilities furnished by it to act for the member
in any manner in the procurement of goods or services for the member. (B) The term of marketing agreements may not exceed ten years. (C) A marketing agreement authorized by division (A) of this section may require that
liquidated damages be paid by the member in the event of a breach of the marketing
agreement. Liquidated damages shall be specific, reasonable sums. Any provisions for liquidated damages shall be enforceable and not regarded as penalties. (D) If a member breaches or threatens to breach a marketing agreement authorized by this
section, the cooperative shall be entitled to an injunction to prevent the breach
or any further breach, and to a decree of specific performance. Upon filing of a verified complaint showing the breach or threatened breach, and
upon filing a sufficient bond, the cooperative is entitled to a temporary restraining
order against the member. (E) If any marketing agreement authorized by division (A)(1) or (2) of this section contains
an assignment to the cooperative of any part or all of the funds due or to become
due the member during the life of the marketing agreement for any product produced
or to be produced by the member or for any services performed or to be performed in
producing any product, any person who accepts or receives the product from the member
is bound by the assignment after receiving written notice from the cooperative or
the member of the amount and duration of the assignment. However, as to any seasonal crop, if no funds are paid or become payable by any
person under such an assignment for a period of two consecutive years during the life
of the marketing agreement, thereafter the assignment shall not be binding upon any
person who receives or accepts such product from the member until the assignment is
reaffirmed by the member in writing and written notice is given by the cooperative
or the member. Any such reaffirmation shall continue to be effective during the life of the marketing
agreement until another such lapse of two consecutive years occurs.
Source: official Ohio text · Last verified 2026-08-27
At a glance
- Citation: Ohio Revised Code § 1729.67
- Jurisdiction: Ohio
- Code: Ohio Revised Code
- Text: transcribed from the official source (verify below)
Verify the text
Statute text is transcribed from the official Ohio Revised Code. Confirm it against the primary source before relying on it:
Not legal advice. Verify against the official source and consult a licensed Ohio attorney.
Common questions
What is the source of Ohio Revised Code § 1729.67?
The text above is transcribed from the Ohio Revised Code, the codified statutes of Ohio. The official publisher link appears under "Verify the text" on this page.
What subject does Ohio Revised Code § 1729.67 address?
It addresses the rule set out in the section text. Read the section together with the surrounding provisions listed under "Nearby provisions" for the full picture.
Is Ohio Revised Code § 1729.67 still in force?
Statutes are amended, repealed, and renumbered every session. Confirm the current version at the official Ohio source before relying on this text.
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