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Current as of January 01, 2025 | Updated by Findlaw Staff
(1) Fire and extended coverage insurance. A milk contractor licensed under s. 126.41(1) shall maintain fire and extended coverage insurance that covers, at their full value, all milk and milk products in the possession, custody, or control of the milk contractor. If the milk contractor is required to be licensed under s. 126.41(1)(a), the milk contractor shall maintain insurance issued by an insurance company authorized to do business in this state.
(2) Insurance cancellation; replacement. Whenever an insurance policy under sub. (1) is canceled, the milk contractor shall replace the policy so that there is no lapse in coverage.
(3) Insurance coverage; misrepresentation. No milk contractor may misrepresent any of the following to the department or to any milk producer or producer agent:
(a) That the milk contractor is insured.
(b) The nature, coverage, or material terms of the milk contractor's insurance policy.
Cite this article: FindLaw.com - Wisconsin Statutes Trade Regulations (Ch. 125 to 139) § 126.43. Milk contractors; insurance - last updated January 01, 2025 | https://codes.findlaw.com/wi/trade-regulations-ch-125-to-139/wi-st-126-43/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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