NAC584.6082. Participation by wholesale customer in profits or losses of distributor.  


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  • If a wholesale customer purchases milk or other dairy products from a distributor and participates in any profits or losses of the distributor, or an entity which owns the distributor, the distributor or entity shall file the following information with the Commission within 30 days after the distribution of any profits or losses:

         1. The qualifications required of wholesale customers for participation in profits and losses;

         2. The name and address of each wholesale customer who has participated in such a distribution;

         3. The amount of profit or loss expressed in monetary terms distributed to each such wholesale customer;

         4. The basis for the distribution of profits and losses to wholesale customers; and

         5. Any other information which the Commission may find to be necessary for full understanding of all the transactions between the distributor and wholesale customer.

     [Dairy Comm’n, Stabiliza. & Mktg. Plan - ENMA Art. VI part § A, eff. 9-1-80]—(Substituted in revision for NAC 584.6241)