Section 40-33-1 - Definition of terms Terms used in this chapter mean:
(1) "Due date," seven days from the date of delivery of produce by the seller to the dealer at wholesale in the case of a sale, and in all cases where produce is consigned, seven days from the date the sale is made by the broker or handler to the dealer at wholesale;(2) "Person," an individual, firm, corporation, limited liability company, copartnership, or association;(3) "Produce," includes eggs, poultry, poultry products, or dairy products;(4) "Voluntary extension of credit," a written agreement between the seller and the dealer at wholesale wherein the time of payment for the purchase price of produce is extended beyond the due date. SL 1955, ch 5, § 1; SDC Supp 1960, § 4.2401; SL 1963, ch 9, § 1; SL 1994, ch 351, § 99.