The objectives and purposes

 for which this Council is formed are as follows:

Ø  To promote and protect the interests of the Oklahoma cotton industry.

Ø  To foster improvement of the conditions under which Oklahoma cotton and its products are produced, processed, and sold.

Ø  To encourage standardization and improvement in the quality of cotton and its by-products.

Ø  To cooperate with established organizations in the cotton industry, and general agricultural organizations in the United States and in any foreign country, in finding and pursuing reasonable and appropriate approaches to problems of mutual interest.

Ø  To cooperate with all departments and agencies of State and Federal governments charged with any responsibilities relating to cotton and its products, and to prices and regulatory measures, so long as such measures are in interest of the cotton industry.

Ø  To provide additional medium of information on the probable effects of these policies on conditions under which cotton and its products are produced, processed, and sold in the United States and in foreign countries; and

Ø  To do all things else that may seem reasonable and appropriate for improving the conditions under which Oklahoma cotton and its products are produced, processed, and sold for promoting the welfare and protecting the interests of the Oklahoma cotton industry provided, however, that this council will not engage in the business of buying or selling cotton or its products.