ABSTRACT
"Cooperation is not dead! The legal structure is tired, worn out, and needs to be buried," announced a frustrated partner of mine. The law practice of working with producer-owned businesses, cooperative and otherwise, throughout the country seems to focus on the unreasonable restrictions of co-ops and the flexibility of limited liability companies (LLCs). The advance of business and economics has always outpaced the law. Producers and cooperators desiring social and economic change in the 1920s decried legal impediments to cooperation and the law changed.
