§ 228b-1. — Final date for making payment to cash seller or poultry grower.
[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 7USC228b-1]
TITLE 7--AGRICULTURE
CHAPTER 9--PACKERS AND STOCKYARDS
SUBCHAPTER V--GENERAL PROVISIONS
Sec. 228b-1. Final date for making payment to cash seller or
poultry grower
(a) Delivery of full amount due
Each live poultry dealer obtaining live poultry by purchase in a
cash sale shall, before the close of the next business day following the
purchase of poultry, and each live poultry dealer obtaining live poultry
under a poultry growing arrangement shall, before the close of the
fifteenth day following the week in which the poultry is slaughtered,
deliver, to the cash seller or poultry grower from whom such live
poultry dealer obtains the poultry, the full amount due to such cash
seller or poultry grower on account of such poultry.
(b) Delay or attempt to delay collection of funds as ``unfair practice''
Any delay or attempt to delay, by a live poultry dealer which is a
party to any such transaction, the collection of funds as herein
provided, or otherwise for the purpose of or resulting in extending the
normal period of payment for poultry obtained by poultry growing
arrangement or purchased in a cash sale, shall be considered an ``unfair
practice'' in violation of this chapter. Nothing in this section shall
be deemed to limit the meaning of the term ``unfair practice'' as used
in this chapter.
(c) Definition of cash sale
For the purpose of this section, a cash sale means a sale in which
the seller does not expressly extend credit to the buyer.
(Aug. 15, 1921, ch. 64, title IV, Sec. 410, as added Pub. L. 100-173,
Sec. 9(2), Nov. 23, 1987, 101 Stat. 920.)
Prior Provisions
A prior section 410 of act Aug. 15, 1921, was renumbered section 414
and is classified to section 228c of this title.
Effective Date
Section effective 90 days after Nov. 23, 1987, see section 12 of
Pub. L. 100-173, set out as an Effective Date of 1987 Amendment note
under section 182 of this title.
Section Referred to in Other Sections
This section is referred to in sections 197, 227, 228b-2 of this
title.
