Definitions

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3-581. Definitions

In this article, unless the context otherwise requires:

1. " Council" means the Arizona grain research and promotion council.

2. " First buyer" means a person, partnership, corporation or cooperative that purchases grain from a producer in the first instance or a public or private lienholder, secured party or pledgee, or assignee of the lienholder, secured party or pledgee, who gains title to the grain from the grower as a result of exercising any legal rights by the lienholder, secured party, pledgee or assignee regardless of when the lien, security interest or pledge was created. First buyer also includes a public or private person who acquires a lien or security interest or receives a pledge of the grain after the grain is harvested.

3. " Grain" means the seed of barley and wheat of all classes produced for use as food, feed or seed or produced for any industrial or commercial use.

4. " Marketing year" means a one year period from February 1 through January 31 of the following calendar year.

5. " Producer" means a person, partnership, corporation or cooperative in this state that produces and sells grain in commercial channels. In the case of a partnership, each partner who regularly receives a portion of the gross receipts directly from the buyer is considered a producer.


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