106-568.26. Collection of assessments; custody and use of funds.
In the event two-thirds or more of the eligible farmers voting therein shall vote in favor of such assessment, then the said assessment shall be collected annually for the years herein set forth and under such method, rules and regulations as may be determined by the board of directors of the said Tobacco Associates, Incorporated, and the said assessment so collected shall be paid into the treasurer [treasury] of said Tobacco Associates, Incorporated, to be used along with funds from other sources, for the purpose of stimulating, developing and expanding export trade for flue-cured tobacco and encouraging the use of flue-cured tobacco everywhere. (1959, c. 309, s. 9.)
Structure North Carolina General Statutes
North Carolina General Statutes
Article 50C - Promotion of Sale and Use of Tobacco.
§ 106-568.18 - Policy as to joint action of farmers.
§ 106-568.19 - Policy as to referendum on question of annual assessment.
§ 106-568.20 - Referendum on assessment for next three years.
§ 106-568.21 - Effect of more than one-third vote against assessment in referendum.
§ 106-568.22 - Effect of two-thirds vote for assessment in referendum.
§ 106-568.23 - Regulations as to referendum; notice to farm organizations and county agents.
§ 106-568.24 - Distribution of ballots; arrangements for holding referendum; declaration of results.
§ 106-568.25 - Question at referendum.
§ 106-568.26 - Collection of assessments; custody and use of funds.
§ 106-568.27 - Required affirmative vote of directors of Tobacco Associates, Incorporated.
§ 106-568.28 - Right of farmers dissatisfied with assessments; time for demanding refund.
§ 106-568.29 - Subsequent referendum after defeat of assessment.
§ 106-568.30 - Referendum as to continuance of assessments approved at prior referendum.
§ 106-568.33 - Effect of Article on prior acts.
§ 106-568.34 - Alternate method for levy of assessment.
§ 106-568.35 - Alternate provision for referendum voting by mail.