1997 Minnesota Statutes

     514.950 Definitions. 

    Subdivision 1.    Applicability.  The definitions in 
 this section apply to sections 514.950, 514.952, 514.954, 
 514.956, 514.958, and 514.959.  

    Subd. 2.    Agricultural chemical.  "Agricultural 
 chemical" means fertilizers or agricultural chemicals that are 
 applied to crops or to land that is used for raising crops, 
 including fertilizer material, plant amendment, plant food, and 
 soil amendment as defined in section 18C.005, and pesticide and 
 plant regulator as defined in section 18B.01.  

    Subd. 3.    Agricultural production input.  
 "Agricultural production input" means crop production inputs and 
 livestock production inputs.  

    Subd. 4.    Crop production input.  "Crop production 
 input" means agricultural chemicals, seeds, petroleum products, 
 the custom application of agricultural chemicals and seeds, and 
 labor used in preparing the land for planting, cultivating, 
 growing, producing, harvesting, drying, and storing crops or 
 crop products.  

    Subd. 5.    Feed.  "Feed" means commercial feeds, feed 
 ingredients, mineral feeds, drugs, animal health products, or 
 customer-formula feeds that are used for feeding livestock, 
 including commercial feed as defined in section 25.33.  

    Subd. 6.    Lender.  "Lender" means a person in the 
 business of lending money identified in a lien-notification 
 statement.  

    Subd. 7.    Letter of commitment.  "Letter of commitment"
 means a binding, irrevocable and unconditional agreement by a 
 lender to honor drafts or other demands for payment upon the 
 supplier presenting invoices signed by the purchaser or other 
 proof of delivery.  

    Subd. 8.    Livestock production input.  "Livestock 
 production input" means feed and labor used in raising livestock.

    Subd. 9.    Person.  "Person" means an individual or an 
 organization as defined in section 336.1-201, paragraph (30).  

    Subd. 10.    Petroleum product.  "Petroleum product" 
 means motor fuels and special fuels that are used in the 
 production of crops and livestock, including petroleum products 
 as defined in section 296.01, alcohol fuels, propane, lubes, and 
 oils.  

    Subd. 11.    Proceeds.  "Proceeds" means proceeds as 
 defined in section 336.9-306 except that if rights or duties are 
 contingent upon express language in a financing statement, the 
 requisite language may exist in a lien-notification statement 
 under section 514.952, and includes farm products, inventory, 
 warehouse receipts, and documents of title.  

    Subd. 12.    Seed.  "Seed" means agricultural seeds that 
 are used to produce crops, including agricultural seed as 
 defined in section 21.72.  

    Subd. 13.    Supplier.  "Supplier" means a person who 
 furnishes agricultural production inputs.  

    HIST: 1984 c 467 s 2; 1987 c 384 art 2 s 1; 1989 c 209 art 2 s 
 1; 1991 c 199 art 2 s 1; 1992 c 464 art 2 s 1