SUBJECT:   Collection of Assessment

The procedure to collect the OBWEO assessment is to use the compress weight as the lint pounds produced multiplied by one cent ($0.0065) plus $2.00 multiplied by the total acres harvested.

OBWEO requests the assessment funds be sent on the 15th of each month to:

Oklahoma Boll Weevil Eradication Organization
P. O. Box 100
Hobart, OK 73651

Pursuant to Article 3-50.90a of the Boll Weevil Eradication Act:

1. The assessment shall be levied on the cotton producer at the time of sale and shall be collected and remitted to the board of directors by the cotton gin serving as the selling agent for the cotton produced.

2. No cotton shall be subject to assessment of a fee more than once.

3. The cotton gin serving as selling agent for the cotton producer shall collect the assessment in the same manner as ginning costs are deducted from the purchase price of the cotton or from any funds advanced for that purpose.

4. The board of directors, by registered or certified mail, shall notify each cotton gin of the duty to collect the assessment, the manner in which the assessment is to be collected, and the date on or after which the cotton gin is to begin collecting the assessment.

5. The amount of the assessment collected shall be clearly shown on the sales invoice or other document evidencing the transaction.  The cotton gin, as the seller’s agent, shall furnish a copy of the document to the cotton producer.