2-20-402. Definitions.

Arkansas Code — all titles (historical 2020) · legal_authorities

2-20-402. Definitions.

2-20-402. Definitions. As used in this subchapter, unless the context otherwise requires: (1) “Board” means the Arkansas Soybean Promotion Board created under this subchapter; (2) “Net market price” means: (A) The sales price or value received by a producer for soybeans after adjustments for any premium or discount based on grading or quality factors, as determined by the secretary; or (B) For soybeans pledged as collateral for a loan issued under any price support loan program administered by the Commodity Credit Corporation, the principal amount of the loan; (3) “Secretary” means the United States Secretary of Agriculture; (4) “Soybean Promotion, Research and Consumer Information Act” means the federal Soybean Promotion, Research and Consumer Information Act of 1990, Subtitle E of Title XIX, of the Food, Agriculture, Conservation and Trade Act of 1990, P.L. No. 101-624, as amended from time to time, and any order issued pursuant thereto by the secretary; and (5) “United Soybean Board” means the United Soybean Board created by the Soybean Promotion, Research and Consumer Information Act.

Source: Arkansas Code — historical release 78 (November 6, 2020) · 2-20-402

Stored review status: Historical 2020-11-06 source release; later amendments not reconciled; machine-extracted, not independently legally reviewed; source heading status: text_in_historical_source. A text match is a research starting point; applicability is not established.