100.23 Contract to market agricultural products; interference prohibited.

287 words·~1 min read·/wi/chapter-100/100-23

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

(1)Definition. In this section:

(a)“Agricultural product” includes, but is not limited to, any agricultural commodity, as defined in s. 94.67

(2).

(b)“Association” means an association of persons engaged in the production of agricultural products under 7 USC 291 .

(c)“Contract” means an agreement between a producer and an association, which agreement provides that all or a specified part of the person’s production of one or more agricultural products by the person will be exclusively sold or marketed through or by the association or any facility furnished by it.

(d)“Producer” means a person who produces agricultural products.

(2)Terms. No contract may have a term in excess of 5 years. A contract may be made self-renewing for periods not exceeding 5 years each, except that either party may terminate at the end of any term by giving written notice to the other party at least 30 days before the end of the term.

(3)Damages. A contract may require liquidated damages to be paid by the producer in the event of a breach of contract with the association. Liquidated damages may be either a percentage of the value of the products which are the subject of the breach, or a specified sum, but may not be more than 30 percent of the value of those products. If a specified sum is provided as liquidated damages, but such sum exceeds 30 percent of the value of the products which are the subject of the breach, the contract shall be construed to provide liquidated damages equal to 30 percent of the value of the products which are the subject of the breach.

(4)Breach of contract.