247.5063 Definitions.

KY Rev Stat § 247.5063 (2019) (N/A)
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247.5063 Definitions. As used in KRS 247.5061 to 247.5095, unless the context otherwise requires: (1) (2) (3) (4) (5) (6) (7) (8) (9) "Commissioner" means the Commissioner of Agriculture; "Board" means the State Board of Agriculture; "Small grains" means all kinds and varieties of cereal grains. "Bushel" means the weight for each type of cereal grain defined by the United States Department of Agriculture (USDA); "Producer" means every person who produces and markets small grains; "New producer" means a producer who was not engaged in the business of producing small grains at the time a referendum was conducted in accordance with the provisions of KRS 247.5061 to 247.5095; "Person" means any individual, corporation, partnership, association, cooperative, or other business entity; "Marketing year" means from June 1 to May 31 of the following year; "Purchaser" means any person, public or private corporation, federal Commodity Credit Corporation, association, or partnership buying, accepting for shipment, or otherwise acquiring the property in or to small grains from a producer, and shall include a mortgagee, pledgee, lienor, or other person, public or private, having a claim against the producer, when the actual or constructive possession of the small grains is taken as part payment or in satisfaction of a mortgage, pledge, lien, or claim; and (10) "Marketed" means any quantities that are sold, bartered, or for which other items of value are exchanged. Effective: July 13, 1990 History: Created 1990 Ky. Acts ch. 397, sec. 2, effective July 13, 1990.