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Current as of January 01, 2025 | Updated by Findlaw Staff
(a) If the board determines that the financial condition of a milk dealer that purchases milk from a producer is not adequate to reasonably assure prompt payment to producers, the board may require that milk dealer to furnish additional security to afford producers the protection intended by this act.
(b) If the board determines that the value of milk purchased or received from a producer by a milk dealer has increased or may reasonably be anticipated to increase so that the amount of security furnished by the milk dealer does not comply with section 7 1 as applied to any consecutive two-month period during the current year, the board may require that milk dealer to furnish additional security to afford producers the protection intended by this act.
Cite this article: FindLaw.com - Pennsylvania Statutes Title 31 P.S. Food § 626.10a. Review of security - last updated January 01, 2025 | https://codes.findlaw.com/pa/title-31-ps-food/pa-st-sect-31-626-10a/
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