No processor or distributor shall make or underwrite loans to a retailer or become bound in any manner for the financial obligation of any retailer except that a processor or distributor may lend money to a retailer for the purchase of equipment for the storage, transportation, and display of dairy products. Such loans may be made to the retailer provided the loan is for not more than ninety percent of the purchase price with at least six percent annual interest on the principal amount and on the unconditional written promise of the retailer that the loan shall be paid within a period not to exceed thirty-six months.
[C66, 71, 73, 75, 77, 79, 81, § 192A.10]
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