Arkansas Legal Resource Navigator

4-86-110. Additional investment for production contracts.

Arkansas Code — all titles (historical 2020) · legal_authorities

4-86-110. Additional investment for production contracts.

4-86-110. Additional investment for production contracts. (a) For purposes of this section, “production contract” means the same as defined in § 2-32-201. (b) A lender or loan originator shall provide the following notice in boldface in or attached as a separate document to a commercial loan agreement if the borrower is obtaining financing relating to a production contract: “NOTICE: The Borrower may be required to make additional investments to comply with the related production contract before the term of this agreement is complete. The Lender is not obligated to make any additional loans to the Borrower if additional investments are required to comply with the related production contract.”

Source: Arkansas Code — historical release 78 (November 6, 2020) · 4-86-110

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.

Issuing source page ↗

Authority boundary: historical statutory source snapshot not current law.

Open the recorded source website ↗

Record provenance

Stable record: arkansas_code:legal_authorities:4-86-110
Source file: gov.ar.code.title.04.odt
Pages: Not recorded – Not recorded
Passage SHA-256: da4e421b2c83d0f393217e6e4a47a93c200d60e442e51442e620ae41afb307ba

Source location: content.xml paragraph 33768

Stored source content

4-86-110. Additional investment for production contracts. (a) For purposes of this section, “production contract” means the same as defined in § 2-32-201. (b) A lender or loan originator shall provide the following notice in boldface in or attached as a separate document to a commercial loan agreement if the borrower is obtaining financing relating to a production contract: “NOTICE: The Borrower may be required to make additional investments to comply with the related production contract before the term of this agreement is complete. The Lender is not obligated to make any additional loans to the Borrower if additional investments are required to comply with the related production contract.”

Cross-references

Connections may be documented source relationships, shared citations or nearby passages. Each explains its basis; a connection alone does not establish applicability to your situation.

Arkansas Code — all titles (historical 2020) · legal_authorities

2-32-201. Production contracts — Definitions.

2-32-201. Production contracts — Definitions. (a) As used in this section: (1) “Contractor” shall have its common meaning within the industry and shall include a person or entity who owns livestock or poultry, or both, that are raised or cared for by a grower; (2) “Grower” shall have its common meaning within the industry and shall include a person engaged in the business of raising and caring for livestock or poultry, or both, in accordance with a production contract, marketing agreement, or other arrangement under which a person raises and cares for livestock or poultry, or both, whether the livestock and poultry are owned by the person or by another person or entity; (3) “Material risk” means: (A) The duration of the production contract; (B) The conditions for the termination of the production contract before the designated expiration of the production contract; and (C) The terms relating to payment to be made to the grower, including, when applicable: (i) The party liable for condemnations; (ii) The method for figuring feed conversion ratios; (iii) The method used to convert condemnations to live weight; (iv) The per-unit charges for feed and other inputs furnished by the contractor; and (v) The factors to be used when grouping or ranking growers; (4) “Production” shall have its common meaning within the industry and shall include raising and caring for livestock or poultry, or both, for processing for human consumption under the terms of a production contract; and (5) “Production contract” shall have its common meaning within the industry and shall include any written agreement that provides for the raising and care of livestock or poultry, or both, by a grower for processing for human consumption for a contractor. (b) A production con

Source: Arkansas Code — historical release 78 (November 6, 2020) · 2-32-201

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. The source passage cites 2-32-201. This identifies an authority to review, not proof of applicability.