The purpose of the association shall be to engage in a marketing, commission, warehousing, manufacturing, processing and mercantile business, and to purchase, store, handle, sell, ship, distribute finance and supply and otherwise furnish to its members and patrons on a cooperative basis such supplies, commodities and property as they require, and any other purpose permitted under the laws of the State of Wisconsin.
Powers. This association shall have all powers, privileges, and rights conferred on cooperative associations by the laws of this State. The foregoing powers shall include, without limitation, the power to apply for, acquire, own, use and develop any interest in patents, trademarks, and copyrights connected with or incidental to the business of the association, and the power to enter into partnerships, joint ventures and other business relationships.
Limitations. This association shall not market the products of nonmembers in an amount the value of which exceeds the value of the products marketed for members. It shall not purchase supplies and equipment for nonmembers in an amount the value of which exceeds the value of the supplies and equipment purchased for members.