Idaho Admin. Code r. 02.02.13.010 - DEFINITIONS
The Idaho State Department of Agriculture adopts the definitions set forth in Section 69-502, Idaho Code. In addition the following definitions apply to the interpretation and enforcement of this chapter. (3-15-22)
01.
Cash
Sale. Payment to the producer by the warehouse or dealer
contemporaneously with the transfer of commodity to the warehouse or dealer .
(3-15-22)
02.
Commodity
Indemnity Fund. Commodity Indemnity Fund is a trust fund.
(3-15-22)
03.
Credit-Sale
Contract. An agreement in writing containing the provisions of Section
69-514, Idaho Code, and where the
producer transfers a specific quantity of commodity to a warehouse or dealer
with a price or payment to the producer by the warehouse or dealer to be made
at a later date or on the occurrence of a specific event expressed in the
agreement. (3-15-22)
04.
Dealer . Is limited to dealers licensed by the state of Idaho.
(3-15-22)
05.
Seed
Crops. Means any seed crop regulated by Title 22, Chapter 4, Idaho Code.
(3-15-22)
06.
NPE . (No
price established contract) A contract containing no readily calculable sale
value of the commodity for the producer. (3-15-22)
07.
Warehouse . Is limited to
warehouses licensed by the state of Idaho. (3-15-22)
Notes
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