§ 62585

Amended by Stats. 2019, Ch. 304, Sec. 36. (AB 590) Effective January 1, 2020.

If the secretary issues a notice pursuant to Section 62582, the secretary may again qualify shipments to the handler if the handler has corrected the deficiency upon which the notice was originally issued and has done all of the following:

(a)Paid all amounts owed to producers, including interest. Producers are not entitled to receive interest on amounts for which they have been paid by the fund after the date of payment by the fund.
(b)Reimbursed the fund for any payments made by the fund due to a default by the handler plus interest at the rate of 12 percent per annum from the date of payment by the

fund.

(c)Paid any assessments, penalties, or other amounts owed under federal, state, or local laws.

Other sections in Article 5 - Milk Producers Security Trust Fund Coverage

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