§ 57505
77 words·~1 min read·
/ca/food-and-agricultural-code/57505A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
“Proceeds” means funds derived from the sale of eggs, poultry, fish, or other products derived from eggs, poultry, or fish payable to the lien debtor. “Proceeds” do not include any of the following:
(a)Deductions for taxes, fees, and assessments.
(b)Funds due or owing egg or poultry processing cooperative associations organized and operating pursuant to Chapter 1 (commencing with Section 54001).
(c)Funds retained by the cooperative association.
(d)Deductions made pursuant to a court order.