§ 106-568.34. Alternate method for levy of assessment. - North Carolina Statutes

§ 106‑568.34. Alternate method for levy of assessment.

At any time when it may be found by the Board of Directors of TobaccoAssociates, that it is not reasonably feasible to base the authorization of anassessment or the making of an assessment or the collection of an assessment ona "per‑acre" unit, then the Board of Directors of TobaccoAssociates, by an affirmative vote of not less than two thirds of its members(which vote shall include the affirmative vote of not less than two thirds ofthe board members who were elected by North Carolina farm organizations), mayuse a "tobacco poundage" unit as the basis for the authorization ormaking or collecting an assessment. No alternative assessment for any yearafter 1988 shall exceed one‑fifth cent (1/5¢) per pound of the flue‑curedtobacco marketed by each farmer. The amount of any alternate assessment, basedupon a "tobacco poundage" unit as permitted by the provisions of thissection shall not be related to or limited by the amount of the assessmentwhich could be authorized, made or collected if it were based upon a "per‑acre"unit. (1973, c. 81; 1979, c.474, s. 1; 1987, c. 294, s. 10; 1989, c. 349, s. 5.)