CHAPTER 12:80:02
FIRST PURCHASERS
Section
12:80:02:01 Quarterly reports and remittance.
12:80:02:02 Assessment collection.
12:80:02:03 Record of assessment.
12:80:02:01. Quarterly reports and remittance. Each first
purchaser shall submit a quarterly report to the council within 30 days after
the end of each calendar quarter if pulse crops were purchased during the
quarter. Each first purchaser shall make a report to the council at least once
a year. The report shall be on forms provided by the council and shall contain
the following information:
(1) The name and address of
the first purchaser;
(2) The net market value of
pulse crops acquired which are subject to a checkoff fee;
(3) The total dollar amount
of the assessment on pulse crops remitted;
(4) The calendar quarter
for which the report is submitted;
(5) The date of the report;
and
(6) The signature of the
first purchaser.
All assessments collected or owed for
the calendar quarter for which the report is submitted shall be remitted to the
council with the report.
Source:
33 SDR 117, effective January 8, 2007.
General
Authority: SDCL 38-34-8.
Law
Implemented: SDCL 38-34-11.
12:80:02:02. Assessment collection. A first purchaser
shall collect the assessment on pulse crops from growers by deducting the
assessment from the purchase price of an identifiable lot or quantity of pulse
crop purchased by the first purchaser. The first purchaser shall provide the
seller with a receipt of the assessment. The receipt may be in the form of an
identified deduction on the receipt of purchase.
Source:
33 SDR 117, effective January 8, 2007.
General
Authority: SDCL 38-34-8.
Law
Implemented: SDCL 38-34-11, 38-34-12, 38-34-15, 38-34-16.
12:80:02:03. Record of assessment. The first purchaser
shall keep a record of assessment for each pulse crop purchase that includes
one percent of the net market value, the date, and the name of the seller.
Source:
33 SDR 117, effective January 8, 2007.
General
Authority: SDCL 38-34-8.
Law
Implemented: SDCL 38-34-10, 38-34-12.
