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Ark. Code Ann. § 4-75-801

Purpose

Acts 1955, No. 380, § 1; A.S.A. 1947, § 70-701.

(1) 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.

(2) 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.

Current official text: Arkansas General Assembly. Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Arkansas statutes; confirm against the official source for the current text. Not legal advice.