{"code":"FAC","codeName":"Food and Agricultural Code","section":"62580.5","citation":"Food & Agr. Code, § 62580.5","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"DIVISION 21. MARKETING [58001. - 63129.]","url":"https://blackletter.si/food-and-agricultural-code/division-21"},{"name":"PART 3. MARKETING LAWS REGARDING PARTICULAR PRODUCTS [61301. - 63129.]","url":"https://blackletter.si/food-and-agricultural-code/division-21/part-3"},{"name":"CHAPTER 2.5. Milk Producers Security Trust Fund [62500. - 62667.]","url":"https://blackletter.si/food-and-agricultural-code/division-21/part-3/chapter-2.5"},{"name":"ARTICLE 5. Milk Producers Security Trust Fund Coverage [62580. - 62587.]","url":"https://blackletter.si/food-and-agricultural-code/division-21/part-3/chapter-2.5/article-5"}],"history":"Amended by Stats. 2019, Ch. 304, Sec. 34.   (AB 590)   Effective January 1, 2020.","effective":"2020-01-01","html":"<p>Any producer entity, including a nonprofit cooperative association that severs a disqualifying beneficial ownership interest in a handler to whom it supplies bulk milk, shall not have trust fund coverage for future milk shipments to that handler for a period of 12 months after notice is given to the secretary of termination of the beneficial ownership interest unless a waiver is granted subject to Section <a href=\"/fac/62587\">62587</a>.</p>","text":"Any producer entity, including a nonprofit cooperative association that severs a disqualifying beneficial ownership interest in a handler to whom it supplies bulk milk, shall not have trust fund coverage for future milk shipments to that handler for a period of 12 months after notice is given to the secretary of termination of the beneficial ownership interest unless a waiver is granted subject to Section 62587.","otherVersions":[],"url":"https://blackletter.si/food-and-agricultural-code/milk-producers-security-trust-fund-coverage-62580-5","source":"California Legislative Information bulk export (pubinfo)"}