7 U.S.C. § 228b–1 — Final date for making payment to cash seller or poultry grower
submitted 105 years ago by Pub. L. 100-173 to r/title-7-AGRICULTURE · 223 words · no verdicts yet
This law makes live poultry dealers pay sellers and growers quickly. Cash sellers must be paid by the next business day, and growers must be paid within 15 days after slaughter week. Delaying payment on purpose counts as an unfair business practice.
(a) Delivery of full amount due. A live poultry dealer* who buys poultry* in a cash sale must pay the seller in full before the end of the next business day. A dealer* who gets poultry through a poultry growing arrangement* must pay the grower in full before the end of the fifteenth day after the week the poultry was slaughtered.
(b) Delay or attempt to delay collection of funds as "unfair practice." If a dealer delays payment, or tries to delay it, or stretches out the normal payment period in any way, that counts as an "unfair practice" and breaks this chapter's rules. This section does not limit what "unfair practice" can otherwise mean under this chapter — other conduct can also count as unfair.
(c) Definition of cash sale. A "cash sale" means a sale where the seller does not give the buyer credit.
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.
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.
For the purpose of this section, a cash sale means a sale in which the seller does not expressly extend credit to the buyer.
Source credit: (Aug. 15, 1921, ch. 64, title IV, § 410, as added Pub. L. 100–173, § 9(2), Nov. 23, 1987, 101 Stat. 920.)
- 1921Enacted · Pub. L. 100-173 · 101 Stat. 920
A history note hasn’t been published yet. The record shows enactment by Pub. L. 100-173 on 1921-08-15.
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