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ATCP 101.05(10)(g) (g) The total amount of pool funds, if any, that the contractor refunded to pool contributors under sub. (9). If the contractor contributed as a producer under sub. (8), the amount refunded to the contractor shall be stated separately.
ATCP 101.05(11) (11)Records.
ATCP 101.05(11)(a) (a) For each unharvested acreage pool, the contractor shall keep complete and accurate records related to each of the items under sub. (10).
ATCP 101.05(11)(b) (b) For each pool participant, the contractor shall keep accurate records of all of the following:
ATCP 101.05(11)(b)1. 1. The participant's name and address.
ATCP 101.05(11)(b)2. 2. The amount of each participant's pool acreage.
ATCP 101.05(11)(b)3. 3. The participant's pool contribution, if any.
ATCP 101.05(11)(b)4. 4. The amount of unharvested suitable acreage for which the participant received pool payments, and the amount of those payments.
ATCP 101.05(11)(b)5. 5. The amount of abandoned acreage for which the participant received pool payments, and the amount of those payments.
ATCP 101.05(11)(b)6. 6. The amount of acreage for which the participant received pool payments under sub. (4) (b), and the amount of those payments.
ATCP 101.05(11)(c) (c) If a contractor estimates the yield or grade of unharvested suitable acreage under s. ATCP 101.03 (4), the contractor shall keep complete and accurate records showing how the yield or grade was estimated in compliance with that subsection.
ATCP 101.05(12) (12)Records retained; inspection and copying. A contractor shall retain the records under sub. (11) for at least 3 years, and shall make those records available to the department for inspection and copying upon request.
ATCP 101.05 History History: Cr. Register, December, 1992, No. 444, eff. 1-1-93.
ATCP 101.06 ATCP 101.06 Prohibited contract provisions. No vegetable procurement contract may do any of the following:
ATCP 101.06(1) (1)Require any producer to purchase seed, pesticide applications, harvest services, hauling services, or other supplies or services from the contractor if the charges for the supplies or services exceed the reasonable market value of those supplies or services.
ATCP 101.06(2) (2)Relieve, or purport to relieve a contractor from liability for property damage or personal injury caused by the negligent acts or omissions of the contractor.
ATCP 101.06(3) (3)Impose, or purport to impose liability on a producer for personal injury or property damage caused by the contractor.
ATCP 101.06 History History: Cr. Register, December, 1992, No. 444, eff. 1-1-93.
ATCP 101.07 ATCP 101.07 Prohibited practices. No contractor may do any of the following:
ATCP 101.07(1) (1)Fail to pay a producer according to the terms of a vegetable procurement contract.
ATCP 101.07(2) (2)Knowingly misrepresent the terms of a vegetable procurement contract, the procedures used under the contract, or the services provided by the contractor under the contract, in order to induce a producer to sign a vegetable procurement contract.
ATCP 101.07(3) (3)Conspire with other contractors to fix prices or restrain trade in the procurement of vegetables from producers.
ATCP 101.07(4) (4)Fail or refuse to offer a vegetable procurement contract to a producer because the producer has done any of the following:
ATCP 101.07(4)(a) (a) Filed a complaint with the contractor or a government agency.
ATCP 101.07(4)(b) (b) Requested arbitration of a contract dispute.
ATCP 101.07(4)(c) (c) Filed suit alleging a violation of this chapter or ch. ATCP 155.
ATCP 101.07(4)(d) (d) Joined an association of producers, advised or attempted to organize producers, or participated in any discussion, meeting or action related to vegetable procurement or vegetable industry issues.
ATCP 101.07(4)(e) (e) Negotiated or attempted to enforce the terms of any vegetable procurement contract, or represented producer interests in any matter related to vegetable procurement or vegetable industry issues.
ATCP 101.07(4)(f) (f) Sought government action related to vegetable procurement, or testified or participated in any way in the development or implementation of laws related to vegetable procurement or vegetable industry issues.
ATCP 101.07(5) (5)Charge a producer for defective seed planted under a vegetable procurement contract if the seed supplier reimburses the contractor for the cost of that seed.
ATCP 101.07 History History: Cr. Register, December, 1992, No. 444, eff. 1-1-93.
subch. II of ch. ATCP 101 Subchapter II — Financial Standards and Security
Subch. II of ch. ATCP 101 Note Note: This subchapter is adopted under authority of ss. 93.07 (1), 126.49, 126.51 and 126.81, Stats., and interprets ch. 126, Stats. The Wisconsin department of agriculture, trade and consumer protection may enforce this subchapter under subch. VIII of ch. 126, Stats.
ATCP 101.20 ATCP 101.20 Definitions. In this subchapter:
ATCP 101.20(1) (1)“Affiliate" has the meaning given in s. 126.01 (1), Stats. “Affiliate" includes a person who has significant control or influence over the business entity.
ATCP 101.20(2) (2)“Audited financial statement" has the meaning given in s. 126.01 (3), Stats.
ATCP 101.20(2m) (2m)“Contingent financial backing amount" means the amount of contingent financial backing, if any, which the department holds under s. 126.06, Stats.
ATCP 101.20(3) (3)“Contributing vegetable contractor" has the meaning given in s. 126.55 (4), Stats.
ATCP 101.20(3m) (3m)“Estimated default exposure" has the meaning given in s. 126.61 (1) (b) 1., Stats.
ATCP 101.20(3r) (3r)“Maximum fund reimbursement" means the deductible amount specified in s. 126.72 (3), Stats.
ATCP 101.20(4) (4)“Producer agent" has the meaning given in s. 126.55 (12), Stats.
ATCP 101.20(5) (5)“Reviewed financial statement" has the meaning given in s. 126.01 (20), Stats.
ATCP 101.20(6) (6)“Vegetable contractor" has the meaning given in s. 126.55 (14), Stats.
ATCP 101.20(7) (7)“Vegetable procurement contract" has the meaning given in s. 126.55 (15), Stats.
ATCP 101.20(8) (8)“Vegetable producer" has the meaning given in s. 126.55 (16), Stats.
ATCP 101.20 History History: CR 02-113: cr. Register April 2003 No. 568, eff. 5-1-03; CR 05-068: am. (1), cr. (2m), (3g), (3m) and (3r) Register April 2006 No. 604, eff. 5-1-06; CR 07-073: r. (3g), am. (3r) Register December 2008 No. 636, eff. 1-1-09; correction in (3m) made under s. 13.92 (4) (b) 7., Stats., Register June 2011 No. 666.
ATCP 101.22 ATCP 101.22 General requirements. A vegetable contractor shall comply with applicable requirements in ch. 126, Stats.
ATCP 101.22 History History: CR 02-113: cr. Register April 2003 No. 568, eff. 5-1-03.
ATCP 101.23 ATCP 101.23 Vegetable contractor license fees. A person applying for an annual vegetable contractor license under s. 126.56, Stats., shall pay all of the following license fees and surcharges, rather than the license fees and surcharges provided in s. 126.56 (4), Stats.:
ATCP 101.23(1) (1)A nonrefundable license processing fee of $25.
ATCP 101.23(2) (2)A fee of $25 plus 8.75 cents for each $100 in contract obligations reported under s. 126.56 (9) (a), Stats., less any fee credits for which the vegetable contractor qualifies under s. 126.56 (6), Stats. This subsection does not apply to a processing potato buyer that has elected under s. 126.595 (1), Stats., not to participate in the fund.
ATCP 101.23(3) (3)For a processing potato buyer that has elected under s. 126.595 (1), Stats., not to participate in the fund, a fee equal to the lesser of the following amounts:
ATCP 101.23(3)(a) (a) $25 plus 8.75 cents for each $100 in contract obligations reported under s. 126.56 (9) (a), Stats.
ATCP 101.23(3)(b) (b) $2,000.
ATCP 101.23(4) (4)A surcharge of $500 if, within 365 days before submitting the license application, the applicant operated as a vegetable contractor without a license in violation of s. 126.56 (1), Stats. The applicant shall also pay any license fees, license surcharges, and fund assessments that are still due for the license year in which the applicant violated s. 126.56 (1), Stats.
ATCP 101.23(5) (5)A surcharge of $100 if, within 365 days before submitting the license application, the applicant failed to file an annual financial statement required under s. 126.58 (1) (b), Stats., by the applicable deadline.
ATCP 101.23(6) (6)A surcharge of $100 if a renewal applicant fails to renew a license by the license expiration date of January 31.
ATCP 101.23 History History: CR 07-073: cr. Register December 2008 No. 636, eff. 1-1-09.
ATCP 101.24 ATCP 101.24 Financial statement.
ATCP 101.24(1)(1)General. A vegetable contractor's financial statement, filed under s. 126.58, Stats., shall comply with this section and s. 126.58, Stats.
ATCP 101.24(2) (2)Liability disclosures. A financial statement shall include a detailed description of all notes, mortgages and other long-term liabilities not due or payable within one year. The description shall be included in the financial statement notes or as an attachment to the financial statement. The description shall indicate the nature of the liabilities, the due dates and the payment terms.
ATCP 101.24(3) (3)Liability classification. A financial statement shall classify, as current liabilities, notes payable that do not have specific due dates.
ATCP 101.24(4) (4)Asset disclosures.
ATCP 101.24(4)(a) (a) A financial statement shall specifically identify and explain, in the financial statement notes or as an attachment to the financial statement, the following assets:
ATCP 101.24(4)(a)1. 1. Every non-trade note or account receivable from an officer, director, employee, partner, or stockholder, or from a member of the family of any of those individuals.
ATCP 101.24(4)(a)2. 2. Every note or account receivable from a parent organization, a subsidiary, or an affiliate, other than an employee.
ATCP 101.24 Note Note: “Affiliate" as defined in s. ATCP 101.20 (1) means a person who has significant control or influence. Significant control or influence is a phrase used under generally accepted accounting principals to describe a related party that has sufficient ownership interest to influence the operating and financial policies of an entity.
ATCP 101.24(4)(a)3. 3. Every note or account that has been receivable for more than one year, unless the vegetable contractor has established an offsetting reserve for uncollectible notes and accounts receivable.
ATCP 101.24(4)(b) (b) A financial statement shall include at least one of the following:
ATCP 101.24(4)(b)1. 1. An allowance for doubtful or uncollectible receivables. The notes to the financial statement shall describe the method used to account for doubtful or uncollectible receivables.
ATCP 101.24(4)(b)2. 2. A summary classifying the age of all notes and accounts receivable.
ATCP 101.24(5) (5)Attachments. If information required under this section is provided in an attachment to a reviewed or audited financial statement, the following requirements apply:
ATCP 101.24(5)(a) (a) The attachment shall be prepared on the letterhead of the certified public accountant who reviewed or audited the financial statement.
ATCP 101.24(5)(b) (b) The certified public accountant who reviewed or audited the financial statement shall certify, in the attachment, whether the certified public accountant has reviewed or audited the attachment.
ATCP 101.24 History History: CR 02-113: cr. Register April 2003 No. 568, eff. 5-1-03.
ATCP 101.245 ATCP 101.245Vegetable contractor fund assessments.
ATCP 101.245(1)(1)General. A contributing vegetable contractor shall pay an annual fund assessment for each license year. The annual fund assessment shall be calculated under this section, rather than under s. 126.60 (1), Stats. Except as provided in subs. (3) and (4), the annual fund assessment shall be calculated according to sub. (2).
ATCP 101.245(2) (2)Assessment amount.
ATCP 101.245(2)(a) (a) A contributing vegetable contractor that reports less than $500,000 in contract obligations under s. 126.56 (9) (am), Stats., shall pay a fund assessment equal to the greater of the following amounts:
ATCP 101.245(2)(a)2. 2. The sum of the amounts calculated under s. 126.60 (1) (a) and (b), Stats. If all of the contract obligations reported by the vegetable contractor under s. 126.56 (9) (am), Stats., were made under written contracts where payments were required no more than 30 days after taking custody or control of the vegetables, then further divide this amount by 2.
ATCP 101.245(2)(b) (b) A contributing vegetable contractor that reports at least $500,000 but less than $4 million in contract obligations under s. 126.56 (9) (am), Stats., shall pay a fund assessment equal to the greater of the following amounts:
ATCP 101.245(2)(b)2. 2. The sum of the amounts calculated under s. 126.60 (1) (a) and (b), Stats. If all of the contract obligations reported by the vegetable contractor under s. 126.56 (9) (am), Stats., were made under written contracts where payments were required no more than 30 days after taking custody or control of the vegetables, then further divide this amount by 2.
ATCP 101.245(2)(c) (c) A contributing vegetable contractor who reports $4 million or more in contract obligations under s. 126.56 (9) (am), Stats., shall pay a fund assessment equal to the greater of the following amounts:
ATCP 101.245(2)(c)2. 2. The sum of the amounts calculated under s. 126.60 (1) (a) and (b), Stats. If all of the contract obligations reported by the vegetable contractor under s. 126.56 (9) (am), Stats., were made under written contracts where payments were required no more than 30 days after taking custody or control of the vegetables, then further divide this amount by 2.
ATCP 101.245(2)(d) (d) If the fund balance attributable to vegetable contractors is less than $800,000 on November 30 of the preceding license year, a contributing vegetable contractor shall pay the sum of the amount calculated under either (a), (b), or (c) and the lesser of:
ATCP 101.245(2)(d)1. 1. $50,000. If all of the contract obligations reported by the vegetable contractor under s. 126.56 (9) (am), Stats., were made under written contracts where payments were required no more than 30 days after taking custody or control of the vegetables, then this amount is $25,000.
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Published under s. 35.93, Stats. Updated on the first day of each month. Entire code is always current. The Register date on each page is the date the chapter was last published.