2006 Louisiana Laws - RS 3:712 — Shipment and delivery time; terms

§712.  Shipment and delivery time; terms

A.  Every fixed-price contract shall state a time period within which the entire quantity of the commodity purchased shall be delivered or accepted.

B.  Every fixed-price contract shall clearly set forth the terms of shipment or delivery and shall provide that shipment or delivery shall be completed within the time period required to be set forth by Subsection A of this Section.

C.  Every cooperative marketing agreement shall clearly state commodity acreage subject to such agreement and whether there are any limitations on the cooperative's obligations to accept the commodity subject to such agreement.

D.  Every cooperative marketing agreement shall clearly state the terms of delivery of the commodity to the cooperative and shall state the extent to which the cooperative shall be responsible for shipping the commodity, if any.

Added by Acts 1977, No. 24, §1.