Idaho Code 22-4703 – Definitions
Current as of: 2023 | Check for updates
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As used in this chapter, unless the context requires otherwise:
(1) "Commercial channels" means the sale of oilseeds for food, feed, seed, or any industrial or chemurgic use, when sold to any commercial buyer, user, dealer, processor, cooperative, or to any person, public or private, who resells any oilseed or any product produced from oilseed.
Terms Used In Idaho Code 22-4703
- Commission: means the Idaho oilseed commission. See Idaho Code 22-4703
- 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.
- Delivery: means placing of oilseed into the primary channels of trade. See Idaho Code 22-4703
- Grower: means any landowner, or tenant of the landowner, personally engaged in growing oilseed, or both the owner and tenant jointly, and includes a person, partnership, association, corporation, cooperative, trust, estate, sharecropper, or any and all other business units, devices and arrangements. See Idaho Code 22-4703
- Lien: A claim against real or personal property in satisfaction of a debt.
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
- Oilseed: means seeds produced for use as oil, meal, planting seed, condiment, or other industrial or chemurgic uses. See Idaho Code 22-4703
- 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: includes a corporation as well as a natural person;
Idaho Code 73-114Sale: includes any pledge, mortgage, or delivery of oilseed for sale after harvest to any person, public or private. See Idaho Code 22-4703 State: when applied to the different parts of the United States, includes the District of Columbia and the territories; and the words "United States" may include the District of Columbia and territories. See Idaho Code 73-114
(2) "Commission" means the Idaho oilseed commission.
(3) "Delivery" means placing of oilseed into the primary channels of trade.
(4) "First purchaser" means any person, partnership, association, corporation, cooperative, trust, estate, or any and all other business units, devices and arrangements that buy oilseed in this state in the first instance, or any lienholder, public or private, including the commodity credit corporation, who may possess oilseed from the grower under any lien.
(5) "Grower" means any landowner, or tenant of the landowner, personally engaged in growing oilseed, or both the owner and tenant jointly, and includes a person, partnership, association, corporation, cooperative, trust, estate, sharecropper, or any and all other business units, devices and arrangements.
(6) "Oilseed" means seeds produced for use as oil, meal, planting seed, condiment, or other industrial or chemurgic uses.
(7) "Sale" includes any pledge, mortgage, or delivery of oilseed for sale after harvest to any person, public or private.
(8) "Seller" means any person or entity, including growers, who sells oilseed in the first instance.