Louisiana Revised Statutes 3:2053 – Definitions
Terms Used In Louisiana Revised Statutes 3:2053
- Cattle: means all bovine animals, regardless of age, including calves. See Louisiana Revised Statutes 3:2053
- 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.
- Council: means the Louisiana Beef Industry Council established under this Part to administer and govern the program. See Louisiana Revised Statutes 3:2053
- 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.
- Person: means any natural person, partnership, corporation, company, association, society, trust, or other business unit or organization. See Louisiana Revised Statutes 3:2053
- Producer: means any person who owns or acquires ownership of cattle, except that a person shall not be considered to be a producer if the person's only share in the proceeds of a sale of cattle or beef is a sales commission handling fee or other service fee. See Louisiana Revised Statutes 3:2053
In this Part, unless the context otherwise requires, the following definitions shall have these meanings:
(1) “Cattle and beef products” mean the meat intended for human consumption from any bovine animal, regardless of age, including veal.
(2) “Cattle” means all bovine animals, regardless of age, including calves.
(3) “Council” means the Louisiana Beef Industry Council established under this Part to administer and govern the program.
(4) “Person” means any natural person, partnership, corporation, company, association, society, trust, or other business unit or organization.
(5) “Market agent,” “market agency,” “collection agent,” or “collection agency,” means any licensed person who sells, offers for sale, markets, distributes, trades, or processes cattle which have been purchased or acquired from a producer, or which are marketed on behalf of a producer, and further includes all licensed marketing agents, including all order buyers, all meat packing firms, and their agents which purchase or consign to purchase cattle.
(6) “Fiscal year” means the calendar period beginning July 1 and ending June 30 following.
(7) “Collecting person” means:
(a) Any person who makes payment to a producer for cattle purchased in Louisiana.
(b) Any producer marketing to consumers cattle of the producer’s own production in the form of beef or beef products.
(c) Any commission, firm, or marketing agency representing the seller in the delivery of cattle for cattle delivered on future contracts.
(d) Any producer selling cattle to be used in a custom slaughter operation.
(8) “Producer” means any person who owns or acquires ownership of cattle, except that a person shall not be considered to be a producer if the person’s only share in the proceeds of a sale of cattle or beef is a sales commission handling fee or other service fee.
Added by Acts 1978, No. 320, §1. HCR 187, 1987 R.S.; HCR 201, 1988 R.S.; Acts 1995, No. 298, §1; Acts 2009, No. 24, §8K, eff. June 12, 2009.