CANON · REGULATION / US-CAPPER-VOLSTEAD
Capper-Volstead Agricultural Cooperative Exemption
DefinedTerm · Legislation
The Capper-Volstead Act (7 U.S.C. §§ 291–292) grants agricultural producers who join cooperatives an exemption from antitrust liability under the Sherman Act when collectively processing, preparing, handling, or marketing their products. Qualifications: the cooperative must be operated for the mutual benefit of members, each member has one vote or dividends on capital stock are limited to 8% per annum, and the cooperative does not deal in non-member products to an amount greater than member-sourced products. Enforced by USDA.
- TERM CODE
- us-capper-volstead
- LEGISLATION IDENTIFIER
- Capper-Volstead Act (1922)
- LEGISLATION JURISDICTION
- United States / California
- LEGISLATION LEGAL FORCE
- https://schema.org/InForce
- EXTERNAL REFERENCE
- https://www.govinfo.gov/link/uscode/7/291
- ADDITIONAL PROPERTY
- in-effectstatusUS agricultural cooperatives aggregating production through Commons3 must meet Capper-Volstead qualifications to maintain antitrust protection. Signed member records and aggregated lot records are the audit trail that demonstrates qualifying cooperative activity and proportional member participation.reasoncommonsappliesSectorsappliesTriggersappliesMaterials1jurisdictionRank
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