Rule 472-1-.09 - Method of Finance(1) Projects, undertakings and expense incurred under this Order shall be financed by an assessment and levy of not more than one (1¢) cent per pound on in-shell pecans produced in this state for sale. The assessment and levy shall be against the affected producers of pecans. Upon approval of this requisite number of affected producers and effective as of August 1, 2014, a levy assessment of one (1¢) cent per pound on in-shell pecans is hereby made. Such levy shall continue of force and effect until this Order is suspended or superseded as provided by law and during the time this order remains of force and effect.(2) To the end that the Commission shall have such funds to defray expenses pending the collection of such funds under the levy and assessment herein provided, the Commission shall be authorized to borrow money and hypothecate anticipated collections as authorized by O.C.G.A. 2-8-27(d).Ga. Comp. R. & Regs. R. 472-1-.09
O.C.G.A. 2-8-1 et seq.
Original Rule entitled "Method of Finance" adopted. F. Jun. 15, 1995; eff. Sept. 1, 1995, as specified by the Agency.Amended: F.Jun. 16, 2014; eff. Aug. 1, 2014, as specified by the Agency.