PATRON DEMAND DEPOSIT ACCOUNT AND REGIONAL PATRONAGE FINANCING ACTIVITIES OF AGRIBUSINESS COOPERATIVES
| dc.creator | Brueckner, Erica C. | |
| dc.creator | Duft, Ken D. | |
| dc.creator | McCluskey, Jill J. | |
| dc.date | 2017-04-01T19:47:57Z | |
| dc.date.accessioned | 2026-07-09T03:11:48Z | |
| dc.description | This study investigates agribusiness cooperatives' reliance on patron demand deposit accounts (PDDAs) and regional patronage as sources of capital. Approximately 13% of cooperatives surveyed carry PDDAs, typically fruit cooperatives, of which over one-half have no financial protection against large unexpected withdrawals. Cooperatives with PDDAs must be concerned with potential legal conflicts regarding the handling of these accounts, as evidenced by a U.S. Supreme Court case classifying PDDAs as securities. Supply cooperatives are most likely to show investment in other cooperatives as a high percentage of total assets, which could generate insolvency issues for locals. | |
| dc.identifier | doi:10.22004/ag.econ.14717 | |
| dc.identifier | https://ageconsearch.umn.edu/record/14717/files/18030289.pdf | |
| dc.identifier | http://ageconsearch.umn.edu/record/14717 | |
| dc.identifier.uri | http://hdl.handle.net/123456789/528253 | |
| dc.language | eng | |
| dc.publisher | ||
| dc.source | http://ageconsearch.umn.edu/record/14717 | |
| dc.title | PATRON DEMAND DEPOSIT ACCOUNT AND REGIONAL PATRONAGE FINANCING ACTIVITIES OF AGRIBUSINESS COOPERATIVES | |
| dc.type | Text |