N.D. Admin. Code 91-02-01-01
The terms used throughout this article are defined as follows:
1. "Commercial channels" means the sale of wheat for any use when sold by a producer to a buyer or processor or a firm, person, or association who resells or further process the wheat.
2. "Final settlement" means the date the wheat upon which a loan was obtained is sold to the elevator, a private person, or assigned or transferred to an agency of the United States government. In the case of deferred payments, the date of payment is final settlement.
3. "First purchaser" means any person, firm, or organization buying, accepting for sale, or acquiring for sale after harvest wheat and includes any person or firm having a claim against the producer for a loan pledge, mortgage, or lien.
4. "Producer" means any landowner or tenant engaged in growing wheat and receiving, in such capacity, any portion of the crop produced.
5. "Sale" includes any pledge or mortgage of wheat, after harvest, to any person, firm, corporation, association, or partnership.
6. "Wheat" includes all varieties of hard red spring, durum, or winter wheat grown in North Dakota.
General Authority: NDCC 4-28-06
Law Implemented: NDCC 4-28-02
N.D. Admin Code 91-02-01-01