Arkansas § 2-10-203 - Dairy Stabilization Grant.
Full text of Arkansas Arkansas Code of 1987 Annotated § 2-10-203 — Dairy Stabilization Grant., with citation guidance and answers to common questions.
§ 2-10-203. Dairy Stabilization Grant.
The Dairy Stabilization Grant is created. If funds are available, the Secretary of the Department of Agriculture shall calculate monthly the difference between the average monthly blend price of milk received by Arkansas milk producers as estimated by the secretary and seventy percent (70%) of the average monthly cost of producing milk in Missouri and Tennessee as estimated by the United States Department of Agriculture. If the average monthly blend price of milk received by Arkansas milk producers is lower than seventy percent (70%) of the calculated average cost of producing milk in Missouri and Tennessee, the milk producer is eligible for a monthly Dairy Stabilization Grant in the amount of the difference, which will be paid quarterly. The secretary shall pay the milk producer by the fifteenth day of the month following the end of the quarter. The secretary shall not pay a milk producer more than five dollars ($5.00) per hundred weight of milk per month under subdivision (b)(1) of this section. Grants received by a milk producer under this section shall not exceed an annual average of two dollars ($2.00) per hundred weight of milk. Grants authorized by the secretary shall be made to the milk producer from moneys appropriated by the General Assembly for that purpose.
Frequently Asked Questions About Arkansas § 2-10-203
What does Arkansas Code of 1987 Annotated § 2-10-203 cover?
Section 2-10-203 ("Dairy Stabilization Grant.") is part of the Arkansas Code of 1987 Annotated, the codified statutory law of Arkansas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Arkansas § 2-10-203?
A common citation format is "Arkansas Code of 1987 Annotated § 2-10-203" (Arkansas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Arkansas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Arkansas official source linked on this page or consult a licensed Arkansas attorney.
How does Arkansas § 2-10-203 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Arkansas can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Arkansas.