Und - Iowa Pork Producers Association

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SWINE CONTRACTS –after 6/18/08 • Packers & Stockyards requirements for production contracts: • Contract <strong>Producers</strong> -Right to Cancel • The later of 3 business days or any date stated in the contract • Contract must clearly disclose the right, the method and the deadline for cancelling • Additional Capital Investments • Disclosure statement on first page – additional large capital investments may be required, if not required, can disclose that none will be required 2
SWINE CONTRACTS • Packers & Stockyards requirements: •Marketing & Production Contracts - Choice of Law and Venue •Legal forum located in the Federal judicial district in which the principal part of the production takes place •Contract may specify which state law applies, unless prohibited by state law 3
Page 1: UNDERSTANDING CONTRACTS AND LIENS I
Page 5 and 6: CONTRACTS - GIPSA FINAL RULE • US
Page 7 and 8: DEFINITIONS Additional capital inve
Page 9 and 10: ADD’L CAP. INVEST. CRITERIA • W
Page 11 and 12: ADD’L CAP. INVEST. CRITERIA •Wa
Page 13 and 14: REASONABLE PERIOD OF TIME TO REMEDY
Page 15 and 16: ARBITRATION •Any marketing or pro
Page 17 and 18: ARBITRATION Criteria GIPSA may cons
Page 19 and 20: LIVESTOCK FEEDING CONTRACTS - INSUR
Page 21 and 22: LIVESTOCK FEEDING CONTRACTS - INSUR
Page 23 and 24: LANDLORD’S LIEN • Also file in
Page 25 and 26: IOWA CONTRACT GROWERS LIEN • Prod
Page 27 and 28: IOWA AG SUPPLY DEALER LIEN • Cert
Page 29 and 30: IOWA AG SUPPLY DEALER LIEN • Dec.
Page 31 and 32: LIENS - LIVESTOCK OWNERS • Contra
Page 33 and 34: LIENS Products sold - first priorit
Page 35 and 36: ENTERING INTO OR MODIFYING A CONTRA
Page 37 and 38: ENTERING INTO OR MODIFYING A CONTRA
Page 39 and 40: CONTRACT DEFAULT • Force majeure
Page 41 and 42: CONTRACT DEFAULT • Right to rebut
Page 43 and 44: CONTRACT DEFAULT • Termination of

Und - Iowa Pork Producers Association

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