On and after the effective date of this Order, "first buyers," including handlers, processors, and distributors shall report not later than the tenth (10th) of each month to the Commission the total amount of soybeans handled and assessments deducted the prior month. This report will be made on the form provided by the Commission and the amount of soybeans reported as exempt shall be substantiated by completed form MO 1b certified by each exempted producer. If no soybeans are purchased or handled during any month, a report must be submitted showing that no assessments were collected. The reports made under this Marketing Order are confidential.
All records and reports pertaining to this Order must be kept by the "first buyers" and handlers for a period of three (3) years.
S.C. Code Regs. § 5-12