Notwithstanding section 5551 (relating to dividends prohibited; compensation and certain payments authorized), a cooperative corporation may make patronage rebates or other distributions to its members or patrons in conformity with the purposes for which it is incorporated. A patronage rebate or dividend that is, or is equivalent to, a reduction in the charge made by a cooperative corporation to a member for goods or services shall not constitute a dividend or distribution within the meaning of this part or any other provision of law. SUBCHAPTER C COOPERATIVE CONTRACTS Sec. 7121. Cooperative contracts generally. 7122. Notice of cooperative contracts. 7123. Filing procedures. 7124. Relief against breach or threatened breach of contract; penalty for interference. 7125. Action for civil penalty for inducing breach or spreading false reports.
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