N.C. Gen. Stat. § 54-131 : COOPERATIVE ORGANIZATIONS — MARKETING ASSOCIATIONS — PURPOSE AND ORGANIZATION —131 - Who may organize TEXT PDF Three or more persons engaged in the production of agricultural products may form a nonprofit, cooperative association, with or without capital stock, under the provisions of this Subchapter. N.C. Gen. Stat. § 54-131 1921, c. 87, s. 3; C.S., s. 5259(c); 1979, c. 908, s. 1.