State Board of Agriculture; modifying certain authority of the Board. Effective date. Emergency.

Summary

The bill renames the Cooperative Marketing Association Act of 2026 and adds new financial‑statement requirements for co‑op directors. It also sets limits on interest paid to members, establishes reserve‑fund thresholds before earnings can be distributed, and outlines how undistributed balances may be allocated. These changes aim to improve transparency and financial stability of Oklahoma agricultural cooperatives.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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