(a) The Foundation shall send notice of assessments to each
cotton grower in each active zone who has certified cotton acreage with the
FSA or has reported cotton acreage to the foundation. Notice shall be sent
at least 30 days before the date set by the commissioner as the due date for
assessments in that zone.
(b) If special circumstances prevent the Foundation from meeting
this deadline, the foundation must receive a written waiver from the Commissioner.
(c) The notice of assessment shall include the grower's farm
number(s) or the foundation's field identification number if the acreage has
not been certified with the FSA, counties in which farms are located and identification
number (such as social security number or taxpayer identification number)
and shall inform the grower of the following:
(1) the date the assessment is due;
(2) the full amount of their assessment;
(3) information relating to an early payment discount;
(4) information relating to payment after the due date;
and
(5) that an automatic lien will attach to the cotton grown
on the acreage which is the subject of the assessment and perfect 60 days
after the date of the notice of assessment unless the assessment is paid by
that date, or written arrangements are made with the foundation by that date
to pay the assessments.
Source Note: The provisions of this §3.503 adopted to be effective October 1, 1999, 24 TexReg 7398