2023 New York Laws › AGM - Agriculture and Markets › Article 20 - Licensing of Farm Products Dealers › 245 - Definitions.

§  245.  Definitions.  1.  "Farm  products" includes all agricultural,
  horticultural, floricultural, and vegetable and fruit  products  of  the
  soil,  Christmas trees, livestock and meats, poultry, nuts, honey, maple
  tree sap and maple products produced therefrom, wool, hides, hay,  straw
  and  grains;  but  shall  not  include  eggs,  dairy  products or timber
  products, except as hereinabove set forth.
2. "Dealer" means any person who buys or receives farm products from a
  producer for resale, or arranges, facilitates or  brokers  the  sale  of
  farm products from a producer to a dealer or any other person; and shall
  also include "commission merchants", "net-return dealers", "brokers" and
  "processors".  A  "commission  merchant" means any person engaged in the
  business of receiving farm products  for  sale  on  commission,  however
  computed.  A "net-return dealer" means a dealer who solicits or receives
  shipments of farm products under a promise to pay for the  same  on  the
  basis  of  current  market  prices on receipt or at a price bearing some
  specified premium  above  or  below  established  market  quotations.  A
  "broker"  means  any person engaged in the business of negotiating sales
  and purchases of farm products for or on behalf of  the  vendor  or  the
  purchaser.  A  "processor"  means any person who bakes, brines, bottles,
  cans,  concentrates,  dehydrates,  dresses,  dries,   freezes,   juices,
  packages,  pickles,  preserves,  presses  or  waxes and/or encloses such
  stabilized  farm  products,  or  their  derivative  products,   in   any
  container, whether or not hermetically sealed, provided, however, that a
  person  who  buys  farm  products  only  for  sale,  including sale in a
  processed form, at retail to the ultimate consumer shall not be deemed a
  dealer for purposes of this article. Sale  at  retail  to  the  ultimate
  consumer   shall   not   include  sales  to  industrial,  institutional,
  commercial or agricultural users.
3. "Prompt payment" means payment within thirty days of the date  farm
  products sold by a producer to a dealer are delivered to such dealer, or
  other  person  as  the  purchaser may designate, or such other period of
  time as otherwise agreed upon in a writing signed by the dealer and  the
  producer  on  or before delivery of said farm products, provided that in
  no event shall such period exceed one hundred twenty days from said date
  of delivery.
4. "Producer" means any  person  who  grows  farm  products  or  sells
  livestock within this state.
5.   "Person"   means  any  individual,  corporation,  partnership  or
  association.
6. "Poultry" means any live or slaughtered domesticated chicken, duck,
  turkey, goose, pheasant, squab or guinea hen.
9. "Bond" means a bond executed by a surety company authorized  to  do
  business in this state.
10.   "Letter  of  credit"  means  an  irrevocable  letter  of  credit
  conforming to article five of the uniform commercial code, and  executed
  by a bank or trust company authorized to do business in this state.