Idaho Admin. Code r. 02.02.13.502

Current through September 2, 2024
Section 02.02.13.502 - HOW ASSESSMENTS ARE TO BE CALCULATED

Assessments shall be collected by all warehouses licensed as commodity dealers from all producers who deposit commodities for storage or sale. Assessments are calculated as follows:

01.Cash Sale or Credit Sale Contract. Contract on the contract price of the commodity at the time of sale.
02.Unpaid Assessments. If any assessment is unpaid and a failure occurs, the amount of the unpaid assessment will be deducted from any CIF recovery paid to the producer.
03.Incidental Costs and Expenses. All incidental costs and expenses including, but not limited to, transportation, cleaning, in and out charges, insurance, taxes or additional services or charges are not included in the calculation to determine the assessment.

Idaho Admin. Code r. 02.02.13.502

Effective July 1, 2024