56-13-12: Receipt of notice.
Where this section sits in the code
- Chapter 56 - Commercial Instruments and Transactions
- ARTICLE 13 Farm Products Secured Interests
For purposes of Section 1324 of the Food Security Act of 1985, Public Law 99-198, "receipt of written notice" means the date the notice is actually received by a buyer in the ordinary course of business or the first date upon which delivery is attempted by a carrier. A buyer in the ordinary course of business shall act in good faith. In all cases a buyer in the ordinary course of business shall be presumed to have received the notice ten days after it was mailed.
Collected 2026-09-03T15:02:20Z. Source file · JSON