Code of Virginia - Title 61.1 Warehouses, Cold Storage And Refrigerated Locker Plants - Section 61.1-55 Commission and basket charge

§ 61.1-55. Commission and basket charge

No person, firm, association, corporation, partnership, copartnership or other legal entity, who or which operates any warehouse in which burley tobacco is sold at public auction, shall charge or receive any commission in excess of four percent of the sales price of such tobacco, nor shall any basket charge be in excess of twenty-five cents per basket, which commission and basket charge shall constitute the entire amount charged by the warehouse operator in connection with such sale; provided, however, that on or before the opening day of the market in any year, the warehouse operator may elect to charge a commission of not exceeding seventy-five cents per 100 pounds, which commission shall constitute the entire charge made in connection with the sale of tobacco throughout that market season at the warehouse for which such election is made.

(Code 1950, § 61-154; 1968, c. 69; 2000, c. 380.)

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Last modified: April 3, 2009