Ga. Comp. R. & Regs. R. 479-1-.09 - Method of Finance

(1) Projects, undertakings and expenses incurred under this Order shall be financed by an assessment and levy of two dollars ($2.00) per ton of all peanuts produced in this State for sale. The assessment and levy shall be against the producer of peanuts. Upon approval of the requisite number of producers and effective as of July 1, 1979, a levy and assessment of two dollars ($2.00) per ton of peanuts is hereby made. Such levy shall continue of force and effect until this Order is suspended or superseded as provided by law and during the time this Order remains of force and effect.
(2) To the end that the Commission shall have such funds to defray expenses pending the collection of such funds under the levy and assessment herein provided, the Commission shall be authorized to borrow money and hypothecate anticipated collections as authorized under Section 16(d), Ga. Law 1969, p. 763, etc. as amended.


Ga. Comp. R. & Regs. R. 479-1-.09
Ga. L. 1969, p. 763, etc. as amended.
Original Rule entitled "Term of Operation" was filed and effective on June 30, 1965. Amended: Filed April 18, 1979; effective May 8, 1979.

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