34-32-2 - Assignments to farm organizations -- Effect.

34-32-2. Assignments to farm organizations -- Effect.
Whenever any producer of farm products within the state executes and delivers to a dealeror processor of farm products, either as a clause in a sales agreement or other instrument inwriting, whereby such processor or dealer is directed to deduct a sum or a rate not exceeding 3%of the price to be paid for any such produce, such processor or dealer shall deduct from the priceto be paid for any farm product being sold by any such producer to any such processor or dealer,the amount so authorized and the producer or dealer shall pay the same to a farm organization asassignee.

Enacted by Chapter 85, 1969 General Session