Section 4.1-13-01 - DefinitionsAs used in this chapter:
1. "Commercial channels" means the sale of wheat by a producer to any person who resells wheat or any product produced from wheat.2. "Commission" means the North Dakota state wheat commission.3. "Final settlement" means: a. The date that wheat upon which a loan was obtained is:(1) Sold to a person other than a governmental entity; or(2) Assigned or transferred to a United States government agency; orb. The date upon which payment for the wheat is actually made if the wheat is sold in accordance with the terms of a deferred payment contract.4. "First purchaser" means any person buying, accepting for sale, or otherwise acquiring, after harvest, the property in or to wheat, from the producer. The term includes a mortgagee, pledgee, lienor, or other person having a claim against the producer if the actual or constructive possession of wheat is taken as partial payment or in satisfaction of a mortgage, pledge, lien, or claim.5. "Producer" means any person that: a. Plants or causes to be planted a wheat crop in which the person has an ownership interest, with the intent that upon maturity the crop will be harvested;b. Will have met the requirements of subdivision a during the next available growing season; orc. Has met the requirements of subdivision a during the immediately preceding growing season.6. "Sale" includes any pledge or mortgage of wheat, after harvest, to any person.7. "Wheat" includes all classes of wheat.