126.01 General definitions. In this chapter: (1) “Affiliate” means any of the following persons: (a) An owner, major stockholder, partner, officer, director, member, employee, or agent of a contractor. (b) A person owned, controlled, or operated by a person under par. (a). (2) “Asset” means anything of value owned by a person. (3) “Audited financial statement” means a financial statement on which an independent certified public accountant licensed or certified under ch. 442 has done all of the following: (a) Stated that the financial statement presents fairly, in all material respects, the financial position of a contractor as of a specific date or for a specific period, according to one of the following: 1. Generally accepted accounting principles. 2. The historical cost basis method of accounting, if the financial statement is a sole proprietor’s personal financial state-
126.46 126.47 126.48 126.485 126.487 126.49 126.50 126.51
Contributing milk contractors; fund assessments. Milk contractors; security. Milk contractors; payments to producers. Milk contractors; deferred payment contracts. Payment explanation. Milk contractors; records and reports. Milk contractors; prohibited practices. Rules for qualified producer agents. SUBCHAPTER VI VEGETABLE CONTRACTORS