Kansas Statutes 47-2305. Collection and disbursement of assessment
Terms Used In Kansas Statutes 47-2305
- Commission: means the Kansas dairy commission. See Kansas Statutes 47-2301
- Contract: A legal written agreement that becomes binding when signed.
- Month: means a calendar month, unless otherwise expressed. See Kansas Statutes 77-201
- Purchaser: means any person, public or private corporation, association or partnership who buys fluid milk from the seller or acts as an agent for the sale transaction. See Kansas Statutes 47-2301
- Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
- State: when applied to the different parts of the United States, includes the District of Columbia and the territories. See Kansas Statutes 77-201
(a) The commission shall negotiate and contract with a person or persons to collect and disburse the assessments pursuant to this act.
(b) The assessment hereby imposed, on or before the 20th day of the calendar month following the date of settlement, shall be paid by the purchaser and remitted to the person or persons contracted with pursuant to subsection (a). The person or persons shall issue a receipt to the purchaser therefor and shall remit all moneys received in payment of such assessment to a bank account at least monthly.
(c) Each bank account for use in operating and conducting the commission’s duties shall be secured by pledge of securities in the manner prescribed for state bank accounts under Kan. Stat. Ann. § 75-4218, and amendments thereto or if such bank account is in an institution outside the state of Kansas, the institution shall be licensed by a state or the federal government.
(d) All money collected pursuant to Kan. Stat. Ann. § 47-2304 shall be expended in the administration of this act, and for the payment of claims based upon obligations incurred in the performance of the activities and functions set forth in this act, and for no other purpose.