MCL - 266-2001-IV

GRADE A MILK LAW OF 2001 (EXCERPT)
Act 266 of 2001
Article IV

Document Type Description
Section 288.510 Section Purchasing milk for resale or manufacture into another product; payment; manner; dates; issuance of check; notation.
Section 288.511 Section Security device as condition to issuance and maintenance of license; exemption.
Section 288.512 Section Milk plant not providing security device; audited or verified financial statement; requirements.
Section 288.513 Section Other forms of security; terms and conditions; value.
Section 288.514 Section Prepayment.
Section 288.515 Section Cancellation or modification of security device; milk plant as first receiving point for milk; milk sold in interstate commerce; choice of independent audit or voluntary security modification; cost of audit; payment; failure of milk plant to meet minimum liquidity requirement.
Section 288.516 Section Change in security device; circumstances; decision by department to require modification of security device; notice to producers shipping milk.
Section 288.517 Section Breach of secured obligation; filing verified proof of claim or evidence of default; entry of department order requiring creditors to file claims; publication of order; audit by department; order allowing or disallowing each claim; collection of amount from licensee or surety to satisfy claims; action by attorney general; award of interest; other lien, security, or priority.
Section 288.518 Section License issued, renewed, or modified; notice to producers delivering milk; form.