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SB 5074 - Turfgrass seed contracts

Source

Section 1

As used in this title the terms defined in this section have the meanings indicated unless the context clearly requires otherwise.

Section 2

  1. In the preparation and use of written contracts, it is unlawful for a commission merchant to include in such contracts a requirement that a consignor give up all involvement in determining the time the consignor's agricultural products will be sold.

  2. Subsection (1) of this section does not apply to agricultural products consigned to a commission merchant under a written pooling agreement.

  3. Subsection (1) of this section does not apply to seeds consigned to a commission merchant.

  4. Subsection (1) of this section does not apply to turfgrass seed production contracts and seed purchase contracts.

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