Title 10. COMMERCE AND TRADE · Chapter 4. WAREHOUSEMEN · Article 3. TOBACCO WAREHOUSING · Part 1. LEAF TOBACCO SALES AND STORAGE
10-4-107.1. Requirements of tobacco contracts.
Current through: Including Acts of the 2025 Regular Session of the General Assembly.
- (a)
As used in this Code section, the term “tobacco contract” means any contract between a tobacco company and a tobacco grower under which the tobacco company contracts to purchase tobacco to be grown by the tobacco grower other than at a tobacco auction.#
- (b)
No tobacco contract for the purchase of tobacco grown in this state shall be valid or binding unless:#
- (1)
The tobacco grower is given the opportunity to have the proposed tobacco contract reviewed outside the business premises of the tobacco company or its agents by an attorney or adviser of the tobacco grower’s choosing prior to execution;#
- (2)
The tobacco contract is written in plain English; and#
- (3)
The tobacco contract quotes the provisions of subsection (c) of this Code section.#
- (c)
- (1)
The tobacco grower shall have a right to cancel a tobacco contract until 12:00 Midnight of the third business day after the day on which the tobacco grower signs the contract.#
- (2)
Notice of cancellation under this subsection shall be given to the tobacco company at the place of business as set forth in the tobacco contract by certified mail or statutory overnight delivery, return receipt requested, which shall be posted not later than 12:00 Midnight on the third business day following execution of the tobacco contract.#
- (3)
In the event of cancellation pursuant to this subsection, the tobacco grower shall refund to the tobacco company within ten days after the cancellation any consideration received by the tobacco grower from the tobacco company under the tobacco contract.#
- (4)
Notice of cancellation given by the tobacco grower need not take any particular form and, however expressed, is effective if it indicates the intention of the tobacco grower not to be bound by the tobacco contract.#
History
Code 1981, § 10-4-107.1, enacted by Ga. L. 2000, p. 561, § 1; Ga. L. 2001, p. 4, § 10; Ga. L. 2001, p. 1212, § 2.
Editor's notes
Ga. L. 2001, p. 1212, § 7, not codified by the General Assembly, provides that the Act is applicable with respect to notices delivered on or after July 1, 2001.
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Current through: Including Acts of the 2025 Regular Session of the General Assembly.
Text read from t10-(v8)-2024-pdf.pdf, Volume V8, 2024 edition, pages 687 to 688; merge action: carried; file SHA-256 7afbade16da7.
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