As used in this part, unless the context otherwise requires:

(1) “Board” means the Tennessee soybean promotion board established by § 43-20-102;
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Terms Used In Tennessee Code 43-20-203

  • Agriculture: means :
    (i) The land, buildings and machinery used in the commercial production of farm products and nursery stock. See Tennessee Code 1-3-105
  • Board: means the Tennessee soybean promotion board established by §. See Tennessee Code 43-20-203
  • Commissioner: means the commissioner of agriculture. See Tennessee Code 43-20-203
  • 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.
  • Department: means the department of agriculture. See Tennessee Code 43-20-203
  • 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.
  • Mortgagee: The person to whom property is mortgaged and who has loaned the money.
  • 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, firm, company or association. See Tennessee Code 1-3-105
  • Producer: means a person who produces soybeans as an ongoing commercial operation and includes any landowner who shares in the production costs or the proceeds of the sale of any soybeans that are grown on the landowner's land. See Tennessee Code 43-20-203
  • Property: includes both personal and real property. See Tennessee Code 1-3-105
(2) “Commissioner” means the commissioner of agriculture;
(3) “Department” means the department of agriculture;
(4) “Producer” means a person who produces soybeans as an ongoing commercial operation and includes any landowner who shares in the production costs or the proceeds of the sale of any soybeans that are grown on the landowner’s land; and
(5) “Purchaser” means any person, public or private corporation, federal commodity credit corporation, association or partnership, buying, accepting shipment or otherwise accepting the property, in or to soybeans from a producer, and includes a mortgagee, pledgee, lienor, or other person, public or private, having a claim against the producer when the actual or constructive possession of the soybeans is taken as part payment or in satisfaction of the mortgage, pledge, lien, or claim.
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