Arkansas Statutes
§ 4-75-801 — Purpose
Arkansas·Title 4
(a)It is not the intention of §§ 4-75-801 - 4-75-806 , 4-75-808 , and 4-75-809 to guarantee a profit to any person, firm, or corporation engaged in the business of processing or distributing milk, and any such person, firm, or corporation shall be free to meet competitive prices in this state, as herein provided.
(b)However, it is the intention of §§ 4-75-801 - 4-75-806 , 4-75-808 , and 4-75-809 to prevent any person, firm, or corporation engaged in the business of processing or distributing milk from lowering its selling price below cost, as defined in § 4-75-802 , plus four percent (4%), except as hereinafter stated.
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Legislative History
Acts 1955, No. 380, § 1; A.S.A. 1947, § 70-701.
Nearby Sections
15
§ 4-1-101
Short titles§ 4-1-102
Scope of subtitle§ 4-1-104
Construction against implicit repeal§ 4-1-105
Severability§ 4-1-106
Use of singular and plural - Gender§ 4-1-107
Section captions§ 4-1-201
General definitions§ 4-1-202
Notice - Knowledge§ 4-1-204
Value§ 4-1-205
Reasonable time - Seasonableness§ 4-1-206
Presumptions