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Washington Administrative Code (Last Updated: November 23, 2016) |
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Title 16. Agriculture, Department of (See Titles 24, 60, and 142) |
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Chapter 16-731. Asparagus grower equipment lease program. |
Section 16-731-130. What requirements apply to equipment leasing program lease agreements?
Latest version.
- (1) The department will follow the department of general administration purchased service procurement guidelines when selecting a leasing company to act as its agent to purchase and manage all equipment leasing arrangements for all selected growers.(2) All selected growers must enter into a department-approved lease agreement with the department-approved leasing firm.(3) All equipment lease agreements:(a) Must be exclusive to the selected grower for the term of the contract with the leasing company; and(b) Are not transferable without the written approval of the department.(4) Lease agreements cannot be paid off before the leasing company's contract termination date.