AGRICULTURE AND HORTICULTURE
SEED INDEMNITY FUND LAW
22-5118. Payment and violation. (1) A seed buyer shall pay the producer the purchase price for seed crops in legal tender within ninety (90) days of sale unless otherwise agreed to in writing.
(2) Any seed buyer that violates the provisions of section 18-3106, Idaho Code, in making payment to the producer for any seed crop without sufficient funds in, or credit with, such bank or other depository, also violates the provisions of this chapter. The word "credit" as used herein shall mean an arrangement or understanding with the bank or depository for such payment.
[22-5118, added 2002, ch. 256, sec. 1, p. 743; am. 2011, ch. 173, sec. 1, p. 494.]