Colorado § 7-56-508 - Cooperatives not in restraint of trade.
Full text of Colorado Colorado Revised Statutes § 7-56-508 — Cooperatives not in restraint of trade., with citation guidance and answers to common questions.
§ 7-56-508. Cooperatives not in restraint of trade.
No cooperative formed under or subject to this article shall solely by its organization and existence be deemed to be a conspiracy or a combination in restraint of trade, an illegal monopoly, or an attempt to lessen competition or to fix prices arbitrarily, nor shall the marketing or purchasing contracts and agreements between any cooperative and its members or any agreements authorized in this article be considered illegal as such, in unlawful restraint of trade, or as part of a conspiracy or combination to accomplish an improper or illegal purpose.
Source: L. 96: Entire article R&RE, p. 512, § 1, effective July 1. L. 2003: Entire section amended, p. 2229, § 92, effective July 1, 2004.
Editor's note: This section is similar to former § 7-56-129 as it existed prior to 1996.
ANNOTATION
Annotator's note. Since § 7-56-508 is similar to § 7-56-129 as it existed prior to the 1996 repeal and reenactment of this article, relevant cases construing that provision have been included in the annotations to this section.
This section exempts cooperative marketing associations from the penalties and restrictions of the state's anti-trust law. Rifle Potato Growers' Coop. Ass'n v. Smith, 78 Colo. 171, 240 P. 937 (1925); Beatrice Creamery Co. v. Cline, 9 F.2d 176 (D. Colo. 1925).
And the general assembly does have the power to exempt such combinations from prosecution and dissolution as unlawful trusts. Rifle Potato Growers' Coop. Ass'n v. Smith, 78 Colo. 171, 240 P. 937 (1925); Beatrice Creamery Co. v. Cline, 9 F.2d 176 (D. Colo. 1925).
Source: official Colorado text · Last verified 2026-08-27
Frequently Asked Questions About Colorado § 7-56-508
What does Colorado Revised Statutes § 7-56-508 cover?
Section 7-56-508 ("Cooperatives not in restraint of trade.") is part of the Colorado Revised Statutes, the codified statutory law of Colorado. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Colorado § 7-56-508?
A common citation format is "Colorado Revised Statutes § 7-56-508" (Colorado). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Colorado law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Colorado official source linked on this page or consult a licensed Colorado attorney.
How does Colorado § 7-56-508 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Colorado can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Colorado.