No association organized under this chapter and complying with the terms of this chapter shall be deemed to be a conspiracy or a combination in restraint of trade or an illegal monopoly, or an attempt to lessen competition or to fix prices arbitrarily; nor shall the marketing contracts and agreements between the association and its members or any agreements authorized in this chapter be considered illegal as such or in unlawful restraint of trade or as part of a conspiracy or combination to accomplish an improper or illegal purpose.Acts 1923, ch. 100, § 27; Shan. Supp., § 2534a69; Code 1932, §3826; T.C.A. (orig. ed.), § 43-1844.
Tennessee Legal Code