Title 10, Chapter 4, Section 175
( 10-4-175)
Membership in the several boards of trade may be divided into
categories as the board may provide in its bylaws and may include,
in addition to warehousemen, members other than warehousemen. The
holder of a membership other than a warehouseman shall not
participate in the allocation of sale time among the warehousemen.
The board of trade may provide for the participation of membership
other than warehousemen in matters other than the allocation of
sales time. Members in any of the several boards of trade authorized
by this part shall not be responsible or liable for any of the acts,
omissions, or commissions of the several tobacco boards of trade
except as to the extent of their participation therein. Membership
in a state-wide corporation or association, as provided in this
part, shall be limited to warehousemen. The holder of a membership
in such state-wide organization who is not the operator of a
warehouse in this state shall not participate in the allocation of
sales time among the tobacco markets in this state. |