It is estimated that since the passage of the 1915 cooperative law and the non-stock law of 1921, in the neighborhood of 500 Iowa farmers' organizations have been incorporated under one or the other of these laws. There still are a great many elevators, shipping associations, creameries and other farmers' organizations which are incorporated under the ordinary corporation law, as well as many that are not incorporated at all. In 1920, only one-third of the shipping associations were incorporated, and only one-fifth of them under the cooperative la\v. Over 200 of these have incorporated under the cooperative law since 1920. It was found that of the 511 farmers' elevators in Iowa in 1921, only one-third were incorporated under the cooperative law. However, as all of these have made the change since 1915, it is apparent that our farmers' associations are interested in adopting the form of organization which best enables them to carry out their purposes.

The object of this bulletin is to discuss the available Iowa legal forms in the light of their adaptability to the different purposes of farmers' organizations.