S.D. Admin. R. 12:09:02:02

Current through Register Vol. 51, page 67, December 16, 2024
Section 12:09:02:02 - Collection of checkoff fee - Record of assessment

A first purchaser shall collect the checkoff fee from growers by deducting the fee from the purchase price of an identifiable lot or quantity of soybeans purchased by the first purchaser. At the time the fee is collected, the first purchaser shall note the amount of the fee collected on either the settlement sheet or the check stub as evidence that the fee has been paid by the grower. The settlement sheet or check stub constitutes the record of assessment.

S.D. Admin. R. 12:09:02:02

12 SDR 124, effective 2/2/1986; 12 SDR 128, 12 SDR 154, effective 7/1/1986; 16 SDR 227, effective 7/1/1990.

General Authority: SDCL 38-29-7.1, 38-29-11.

Law Implemented: SDCL 38-29-8, 38-29-9, 38-29-11.