Montana Code 80-11-303. Definitions
80-11-303. Definitions. As used in this part the following definitions apply:
Terms Used In Montana Code 80-11-303
- Committee: means the Montana alfalfa seed committee established in 2-15-3004. See Montana Code 80-11-303
- Contract: A legal written agreement that becomes binding when signed.
- 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.
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
- Person: includes a corporation or other entity as well as a natural person. See Montana Code 1-1-201
(1)”Committee” means the Montana alfalfa seed committee established in 2-15-3004.
(2)”Dealer” means any person, partnership, association, corporation, cooperative, or other business unit or device that first handles, packs, ships, buys, and sells alfalfa seed or that acts as sales or purchasing agent, broker, or factor of alfalfa seed.
(3)”Grower” means any landowner personally engaged in growing alfalfa seed, a tenant personally engaged in growing alfalfa seed, or both the owner and the tenant jointly, and includes a person, partnership, association, corporation, cooperative organization, trust, sharecropper, or any and all other business units, devices, and arrangements that grow alfalfa seed or are engaged in the pollination of alfalfa seed.
(4)”Handled in the primary channels of trade” means the time when any alfalfa seed is delivered under a sales contract, sold, or delivered for shipment and sale.