NAC584.5976. Satisfaction of debt of wholesale customer.

Latest version.

If a wholesale customer satisfies a debt incurred for the purchase of fresh dairy by-products by providing evidence of indebtedness which is immediately payable to the distributor to whom the debt is owed, the amount of the evidence of indebtedness must not exceed the amount owed to the distributor.

(Added to NAC by Dairy Comm’n, eff. 8-26-96)

                    
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