Section 434:41 License. - New Hampshire Statutes

Every person who purchases milk or cream from producers within this state, to be either resold as milk or cream or manufactured into other dairy products, shall first obtain a license and give security in accordance with RSA 434:44 and 45; provided that no resident person, association or corporation making such purchases and sales shall be required to give security as long as payment for such purchases is made on or before the tenth day of each calendar month for milk and cream purchased and delivered during the first half of the previous month and on or before the twenty-fifth day of each calendar month for milk and cream purchased and delivered during the last half of the previous month; and provided further that satisfactory evidence of payment is filed with the commissioner on the tenth and twenty-fifth days of each calendar month; and provided further that any nonresident person, association or corporation making such purchases and sales shall not be required to give security as long as payment for such purchases is made weekly; and provided further that satisfactory evidence of payment is filed with the commissioner at the time payment is made to the producer; and provided further that the provisions of this section shall not apply to a producer-dealer making such purchases from not more than 2 producers within the state or to a farmer cooperative organized under the laws of this or any other state.

Source. 1985, 72:1, eff. July 1, 1985.