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Tex. Agric. Code § 181.003

TIME AND METHOD OF PAYMENT FOR PURCHASE

Applied in 1 court decision — leading case Lone Star Milk Producers, Inc. v. Litzler (2007)

Most recently applied in Lone Star Milk Producers, Inc. v. Litzler (June 2007)

Added by Acts 1987, 70th Leg., ch. 1083, Sec. 1, eff

(a) A milk processor may not purchase raw milk from a dairy farmer unless:

(1) payment of the purchase price is made according to the provisions prescribed by an applicable federal milk marketing order;

(2) any additional provisions are agreed on by both the dairy farmer or his agent and the milk processor; and

(3) the medium of exchange used is cash, a check for the full amount of the purchase price, or a wire transfer of money in the full amount.

(b) For purposes of this chapter, a payment delivered by a milk processor to the applicable federal milk market administrator on behalf of a dairy farmer in compliance with the terms of an applicable federal milk marketing order is considered to be delivery of payment to the dairy farmer.

Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.