12:77:05:01.  Assessment on milk and cream. The assessment authorized by SDCL 40-31-9 is one percent of the gross value of milk and cream produced in the state.

          At no time may the assessment exceed the amount authorized under 7 C.F.R. 1150.152 published January 1, 1988.

          Source: SL 1975, ch 16, § 1; 10 SDR 127, effective July 1, 1984; 12 SDR 128, 12 SDR 154, effective July 1, 1986; 15 SDR 128, effective March 1, 1989.

          General Authority:SDCL 40-31-6.

          Law Implemented:SDCL 40-31-9.