North Dakota Code 4.1-11-11 – Assessment
(Effective through June 30, 2024) An assessment equaling one-half of one percent of the value of the sale must be imposed upon all soybeans sold to a designated handler.
Terms Used In North Dakota Code 4.1-11-11
- State: when applied to the different parts of the United States, includes the District of Columbia and the territories. See North Dakota Code 1-01-49
Assessment. (Effective after June 30, 2024) If a federal assessment under the Soybean Promotion, Research, and Consumer Information Act [Pub. L. 101-624; 104 Stat, 3881; 7 U.S.C.
92 et seq.] or a similar act remains in place, a state assessment under this section is prohibited. If the Soybean Promotion, Research, and Consumer Information Act [Pub. L. 101-624; 104 Stat, 3881; 7 U.S.C. § 92 et seq.] or similar act eliminates a federal assessment, the council shall implement a state assessment equaling one-half of one percent of the value of the sale must be imposed upon all soybeans sold to a designated handler.