Vermont § 702 - Marketing contracts
Full text of Vermont Vermont Statutes Online § 702 — Marketing contracts, with citation guidance and answers to common questions.
§ 702. Marketing contracts
- (a) If a marketing contract provides for the sale of products, commodities, or goods to
a mutual benefit enterprise, the sale transfers title to the enterprise upon delivery
or at any other specific time expressly provided by the contract. (b) A marketing contract may: (1) authorize a mutual benefit enterprise to create an enforceable security interest in
the products, commodities, or goods delivered; and (2) allow the enterprise to sell the products, commodities, or goods delivered and pay
the sales price on a pooled or other basis after deducting selling costs, processing
costs, overhead, expenses, and other charges. (c) Some or all of the provisions of a marketing contract between a patron member and
a mutual benefit enterprise may be contained in the organic rules. (Added 2011, No. 84 (Adj. Sess.), § 1, eff. April 20, 2012.)
Frequently Asked Questions About Vermont § 702
What does Vermont Statutes Online § 702 cover?
Section 702 ("Marketing contracts") is part of the Vermont Statutes Online, the codified statutory law of Vermont. 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 Vermont § 702?
A common citation format is "Vermont Statutes Online § 702" (Vermont). 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 Vermont law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Vermont official source linked on this page or consult a licensed Vermont attorney.
How does Vermont § 702 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Vermont 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 Vermont.