DEFINITIONS.

27.137 DEFINITIONS. § Subdivision 1.Applicability. The definitions in this section apply to this section and section 27.138. § Subd. 2. [Repealed, 1996 c 310 s 1] § Subd. 3. [Repealed, 1996 c 310 s 1] § Subd. 4. [Repealed, 1996 c 310 s 1] § Subd. 5.Proceeds. "Proceeds" means whatever is received upon the sale, exchange, collection, or transfer of perishable farm products or manufactured farm products. § Subd. 6. [Repealed, 1996 c 310 s 1] § Subd. 7.Manufactured farm products. "Manufactured farm products" means products derived from perishable farm products through manufacturing, processing, or packaging. § Subd. 8. [Repealed, 1996 c 310 s 1] § Subd. 9.Trust assets. "Trust assets" means perishable farm products or manufactured farm products and proceeds from the perishable or manufactured farm products. § Subd. 10.Farm products dealer. "Farm products dealer" has the meaning given in section 27.01, subdivision 8. History: 1990 c 530 s 15; 2020 c 89 art 1 s 15-18