The promotion board may enter into an agreement with the Federal Commodity Credit Corporation to collect the specified assessment on all soybeans pledged as collateral for a Commodity Credit Corporation price support loan or purchase by the Commodity Credit Corporation under its loan or purchase programs.
Effective: July 14, 1992

Terms Used In Kentucky Statutes 247.576

  • Board: means the State Board of Agriculture. See Kentucky Statutes 247.010
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Corporation: may extend and be applied to any corporation, company, partnership, joint stock company, or association. See Kentucky Statutes 446.010
  • Federal: refers to the United States. See Kentucky Statutes 446.010

History: Amended 1992 Ky. Acts ch. 45, sec. 6, effective July 14, 1992. — Created
1986 Ky. Acts ch. 180, sec. 8, effective July 15, 1986.