Section 2-10-70 Agreements between associations. - Alabama Statutes

Section 2-10-70

Agreements between associations.

Any association may, upon resolution adopted by its board of directors, enter into all necessary and proper contracts and agreements and make all necessary and proper stipulations, agreements, contracts and arrangements with any other cooperative corporation, association or associations formed in this or in any other state for the cooperative and more economical carrying on of its business or any part or parts thereof. Any two or more associations may, by agreement between them, unite in employing and using or may separately employ and use the same methods, means and agencies for carrying on and conducting their respective business.

(Acts 1921, Ex. Sess., No. 31, p. 38; Code 1923, §7150; Code 1940, T. 2, §108.)