Cal. Food & Agr. Code § 62580.5

Current through the 2024 Legislative Session.
Section 62580.5 - Termination of beneficial ownership interest

Any producer entity, including a nonprofit cooperative association that severs a disqualifying beneficial ownership interest in a handler to whom it supplies bulk milk, shall not have trust fund coverage for future milk shipments to that handler for a period of 12 months after notice is given to the secretary of termination of the beneficial ownership interest unless a waiver is granted subject to Section 62587.

Ca. Food and Agric. Code § 62580.5

Amended by Stats 2019 ch 304 (AB 590),s 34, eff. 1/1/2020.
Added by Stats 2006 ch 505 (AB 2343),s 9, eff. 1/1/2007.