Section 61415.2 Of Article 5. Bonding And Payment For Manufacturing Milk From California Food And Agricultural Code >> Division 21. >> Part 3. >> Chapter 1. >> Article 5.
61415.2
. (a) If a handler does not pay for manufacturing milk
delivered to him or her at the time and in the manner specified in
the contract, the handler shall pay the producer interest on the
unpaid amount from the time the payment was due until paid at the
rate of 12 percent per annum. The interest is in addition to any
other penalties provided in this chapter.
(b) If there is no contract for the delivery of milk to the
handler or the delivery was made as a single transaction between the
producer or handler, the handler shall pay the department interest on
the unpaid amount from the time the payment was due until paid at
the interest rate specified in subdivision (a). The interest is in
addition to any other penalties provided in this chapter.