§ 2-35-213 - Bonding of nonresident poultry purchasers. - Arkansas Statutes

2-35-213. Bonding of nonresident poultry purchasers.

(a) (1) Every nonresident poultry processor, distributor, or trucker who customarily purchases any poultry from the producers in this state shall post a bond with the Secretary of State in the amount of ten thousand dollars ($10,000) with some corporate surety authorized to issue these bonds in this state as surety thereon, to ensure producers of the payment for the poultry if for any reason, including insolvency of the buyer, the buyer shall fail to make payment for the poultry.

(2) The aggregate liability of the surety to all the producers in no event shall exceed the amount of the bond.

(b) Any nonresident person engaging in the business of buying poultry who shall purchase any poultry from the producer in this state without having filed the surety bond required in this section shall be guilty of a misdemeanor. Upon conviction, an offender shall be fined in any sum not less than fifty dollars ($50.00) nor more than five hundred dollars ($500).