Arkansas § 20-59-601 Definitions

Arkansas Statutes

§ 20-59-601 — Definitions

Arkansas § 20-59-601

Title20

This text of Arkansas § 20-59-601 (Definitions) is published on Counsel Stack Legal Research, covering Arkansas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ark. Code Ann. § 20-59-601 (2026).

Text

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

(1)"Cooperative association" means any group in which farmers act together in the market preparation, processing, or marketing of farm products or any association organized under § 2-2-101 et seq., the Cooperative Marketing Act, § 2-2-401 et seq., or § 4-30-101 et seq.;

(2)"Dairy farmer" means a farmer engaged in the business of producing milk for sale to milk processors or to a cooperative association of which the dairy farmer is a member;

(3)"Escrow account agent" means an entity within this state which is insured either by the Federal Deposit Insurance Corporation or the Federal Savings and Loan Insurance Corporation [abolished];

(4)"Milk processor" means a person who operates a milk, milk products, or frozen dessert

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As used in this subchapter, unless the context otherwise requires: (1) "Cooperative association" means any group in which farmers act together in the market preparation, processing, or marketing of farm products or any association organized under § 2-2-101 et seq., the Cooperative Marketing Act, § 2-2-401 et seq., or § 4-30-101 et seq.; (2) "Dairy farmer" means a farmer engaged in the business of producing milk for sale to milk processors or to a cooperative association of which the dairy farmer is a member; (3) "Escrow account agent" means an entity within this state which is insured either by the Federal Deposit Insurance Corporation or the Federal Savings and Loan Insurance Corporation [abolished]; (4) "Milk processor" means a person who operates a milk, milk products, or frozen desserts processing plant that is located in the State of Arkansas; and (5) "Purchase price" means an amount of money, based on estimated butterfat content at the time of delivery, that a milk processor agrees to pay a dairy farmer for a purchase of raw milk.