                                 CODE OF VIRGINIA

LOAD TICKETS REQUIRED FOR CERTAIN SALES OF TIMBER; PENALTY (§ 55.1-2840)

A. Whenever a timber buyer acquires timber and the load is sold by weight, cord,
or measure of board feet, such buyer shall, upon request of the owner of the
land from which the timber is removed, furnish such landowner within 30 days of
the request or 30 days from the date that the timber is removed, whichever is
later, a true and accurate accounting of each load removed from the property
related to the sale.
			Such accounting shall include all supporting documentation, such as load
tickets or settlement statements provided to the timber buyer by the facility
receiving, weighing, scaling, or measuring the trees, timber, or wood, and shall
contain, at a minimum, (i) the name of the facility receiving, weighing,
scaling, or measuring the trees, timber, or wood; (ii) the date the trees,
timber, or wood was received at the facility; (iii) the name of the producer or
logging company; (iv) the type of wood; (v) the type of product; (vi) the weight
or scale information, including the total volume if the load is measured by
scale, or the gross and tare, or net weights, if the load is measured by weight;
and (vii) the weight, scale, or amount of wood deducted and the deduction
classification.

B. No load ticket or settlement report shall be required to include price or
market value information unless the timber sales agreement, whether written or
oral, stipulates that the landowner is to be paid based on a share of the value
of the timber removed.

C. Any person who fails to provide the information required by this section, or
who knowingly provides false information, is guilty of a Class 3 misdemeanor.

HISTORY: 2019, cc. 348, 353, § 55-334.3.