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General Information
 A minimum
administration fee of 1.75% of the amount of cattle purchased, or $175 per
contract, whichever is greater, will be charged. For the first year only,
the administration fee will be charged to the contract. The member will be
responsible for all administration charges for years 2, 3, 4 and 5.
Mandatory insurance will be charged to a
member's contract for the first year. A member is responsible for all
insurance charges for years 2, 3, 4 and 5.
A minimum farm visit fee of $30 per
visit and up to four visits for the first year on new members, and two
visits for existing members will be charged. For the first year only, the
farm visit fee will be charged to the contract. The member will be
responsible for all farm visit charges for years 2, 3, 4 and 5.
Any miscellaneous charges such as branding
or late payment penalties will be the responsibility of the member to pay.
Should the Supervisor and the member not agree
on a price of bred heifers/cows, then the member may approach the Board of
Directors to state his concerns. The ruling of the Board of Directors will
be final. Annual meeting notices will
be sent to all members and notices will also be published in local
newspapers. Only members in good standing (not suspended from the
Association or from purchasing cattle through the Association) are
eligible to vote. The Fort Cow Calf
Co-op Association Board of Directors shall consist of seven Directors
which are nominated at the annual meeting. The Board of Directors may
select a nominating committee for this purpose, although nominations and
volunteers will be accepted at the annual meeting.
Regulations may change from
time to time at the discretion of the Board of Directors. Failure to be
familiar with regulations does not exclude a member from the consequences
of his/her actions. Please call the Fort Cow Calf Co-op Association before
proceeding if you have any questions.
The Fort Cow Calf Co-op Association will
register the branded livestock with the Personal Properties Security Act
at the cost of the member. A full discharge will be issues when the
member's loan is completely paid in full.
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