Section 55601.4 Of Article 8. Processors From California Food And Agricultural Code >> Division 20. >> Chapter 6. >> Article 8.
55601.4
. Notwithstanding the provisions of Section 55601, every
processor who purchases livestock for slaughter shall make full
payment of such livestock, by the transfer of collected funds to the
seller's account, within two business days from the delivery of such
livestock to the processor.
For purposes of this section, "business day" means any day which
is a business day under the provisions of Section 9 of the Civil
Code.