(805 ILCS 315/7)
(from Ch. 32, par. 446)
Under the terms and conditions prescribed in the by-laws adopted by
it, an association may admit as members (or issue common stock to), only
persons engaged in the production of agricultural products and/or
co-operative associations. An association organized hereunder, may become a
member or stockholder of any other association or corporation.
(Source: Laws 1931, p. 390.)