N.D. Cent. Code § 4.1-13-01
This is the official text of N.D. Cent. Code § 4.1-13-01, part of North Dakota’s Cent. Code — part of the compiled statutory law of North Dakota, published by the state as "Cent. Code." Browse the sections below, each linked to its official government source.
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4.1-13-01. Definitions
Official statutory text
4.1-13-01. Definitions
As 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; or
b. 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; or
c. 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.
As 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; or
b. 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; or
c. 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.
Status: in_force · Read it on the official government site
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