Section 62640 Of Article 9. Trust Fund Coverage Of The Pool Equalization Fund From California Food And Agricultural Code >> Division 21. >> Part 3. >> Chapter 2.5. >> Article 9.
62640
. If a handler defaults in payments to the pool equalization
fund provided for in Chapter 3 (commencing with Section 62700) and
the secretary determines that additional efforts will not result in
collection of the amount due, the secretary, after consultation with
the board, may pay money from the Milk Producers Security Trust Fund
to the pool equalization fund to cover the amount of the default.
However, the secretary shall first exhaust all administrative and
legal remedies within his or her authority against the defaulting
handler, and execute all judgments resulting from those remedies,
prior to recommending to the board this payment from the Milk
Producers Security Trust Fund.