As used in this chapter, unless the context otherwise requires:
- 1. “Dealer” means a person required to be licensed as a dealer pursuant to section 163.30. However, a dealer does not include a person who operates a livestock market, as defined in section 459.102.
- 2. “Department” means the department of agriculture and land stewardship.
- 3. “Feeder pig” means an immature swine fed for purposes of direct slaughter which weighs one hundred pounds or less.
- 4. “Financial institution” means a bank or savings association authorized by the laws of the United States, which is a member of the federal deposit insurance corporation, the federal savings and loan insurance corporation, or the national bank for cooperatives established in the Agricultural Credit Act, Pub. L. No. 100-233.
- 5. “Purchaser” means the owner or operator of a farm as provided in section 163.30 who is delivered feeder pigs pursuant to a sales agreement in which the owner or operator is a party.
- 6. “Sales agreement” means an oral or written contract executed between a dealer and a purchaser for the sale of feeder pigs.
2003 Acts, ch 90, §2; 2004 Acts, ch 1095, §2, 6; 2012 Acts, ch 1017, §54