(505 ILCS 130/17) (from Ch. 5, par. 567)
Sec. 17.
A producer who has sold soybeans and has an assessment deducted from the
sale price may, by application in writing to the board, secure a refund in
the amount deducted. The refund shall be payable when the application shall
have been made to the board within 60 days after the deduction. Interest
shall be allowed and paid at the rate of 6% per annum upon the total amount
of such assessment imposed by this Act, except that if any such assessment
is refunded within 90 days after an application for refund has been made
within the required 60 days after deduction or within 90 days after the
first purchaser of soybeans remits the assessments withheld and deducted to
the program operating board, whichever is later, no interest shall be
allowed on such assessment. Each application for refund by a producer shall
have attached thereto proof of assessment deducted.
(Source: P.A. 78-739.)
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