North Carolina General Statutes 106-568.42. Definitions
The following definitions apply in this Article:
(1) Association. – The Tobacco Growers Association of North Carolina, Inc., a North Carolina nonprofit corporation.
(2) Buyer. – Any person engaged in the business of buying tobacco from a producer of tobacco grown in North Carolina, including a broker, dealer, or agent of the buyer.
(3) Department. – The North Carolina Department of Agriculture and Consumer Services.
(4) Person. – An individual, a partnership, a firm, or a corporation.
(5) Tobacco. – Flue-cured tobacco.
(6) Tobacco grower. – A person who (i) is a North Carolina resident, (ii) owns, manages, or has a financial interest in tobacco production, and (iii) is actively involved in tobacco production. ?(2013-311, s. 1.)
Terms Used In North Carolina General Statutes 106-568.42
- 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.
- following: when used by way of reference to any section of a statute, shall be construed to mean the section next preceding or next following that in which such reference is made; unless when some other section is expressly designated in such reference. See North Carolina General Statutes 12-3
- 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.