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Code · Michigan · Chapter 288 — Dairy Industry

288.514 Prepayment.

74 words·~1 min read·/mi/chapter-288/288-514

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288.514 Prepayment.
Sec. 44.
A licensee or applicant for licensure as a milk plant not providing a security device under section 42 or 43 shall provide an agreement in which the milk plant prepays for its milk supply by means of cash payments before or at the time the milk is received at the plant.
History: 2001, Act 266 , Eff. Feb. 8, 2002 ;-- Am. 2008, Act 136 , Eff. June 20, 2008
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