§ 4-75-801 - Purpose. - Arkansas Statutes

4-75-801. Purpose.

(a) It is not the intention of 4-75-801 -- 4-75-806, 4-75-808, and 4-75-809 to guarantee a profit to any person, firm, or corporation engaged in the business of processing or distributing milk, and any such person, firm, or corporation shall be free to meet competitive prices in this state, as herein provided.

(b) However, it is the intention of 4-75-801 -- 4-75-806, 4-75-808, and 4-75-809 to prevent any person, firm, or corporation engaged in the business of processing or distributing milk from lowering its selling price below cost, as defined in 4-75-802, plus four percent (4%), except as hereinafter stated.