Section 62580.5 Of Article 5. Milk Producers Security Trust Fund Coverage From California Food And Agricultural Code >> Division 21. >> Part 3. >> Chapter 2.5. >> Article 5.

. Any producer entity, including a nonprofit cooperative that severs a disqualifying beneficial-ownership interest in a handler to which 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.