3-428. Approval of a marketing agreement; amendments; term

A. A marketing agreement applies only to producers and shippers who sign the marketing agreement and is effective on the approval of the assistant director. Additional signatories may be added with the approval of the assistant director. If signatories withdraw, the assistant director may review and terminate the marketing agreement if not enough signatories remain to defray expenses of the marketing agreement.

B. A marketing agreement may be amended at any time with the approval of the assistant director and all of the signatories.

C. A marketing agreement is binding on signatories for a period specified in the marketing agreement, but not longer than twelve months. The marketing agreement may be renewed for an additional three terms without the requirement of a public meeting provided in section 3-425.

3-428. Approval of a marketing agreement; amendments; term

A. A marketing agreement applies only to producers and shippers who sign the marketing agreement and is effective on the approval of the assistant director. Additional signatories may be added with the approval of the assistant director. If signatories withdraw, the assistant director may review and terminate the marketing agreement if not enough signatories remain to defray expenses of the marketing agreement.

B. A marketing agreement may be amended at any time with the approval of the assistant director and all of the signatories.

C. A marketing agreement is binding on signatories for a period specified in the marketing agreement, but not longer than twelve months. The marketing agreement may be renewed for an additional three terms without the requirement of a public meeting provided in section 3-425.