first purchaser

(6)The term “first purchaser” means— (A)except as provided in subparagraph (B), any person buying or otherwise acquiring from a producer soybeans produced by such producer; or (B)the Commodity Credit Corporation, in any case in which soybeans are pledged as collateral for a loan issued under any price support loan program administered by the Commodity Credit Corporation.

Source

7 USC § 6302(6)


Scoping language

As used in this chapter
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