Cal. Code Regs. tit. 3, § 2040
Handlers purchasing market milk from producers shall pay for such milk in accordance with provisions of section 62191 of the Code and the conforming contract between the producer and handler; provided, however, if said contract requires an earlier or higher percentage of payment, or both, than that required by section 62191, then payment shall be made in accordance with the contract. Each payment shall be made on or before the date due, shall be in the full amount required and shall be made by cash or valid bank check which is immediately negotiable. Payment shall not be made by promissory note, post-dated check or other evidence of indebtedness.
Note: Authority cited: Sections 407 and 61891, Food and Agricultural Code. Reference: Section 62191, Food and Agricultural Code.
1. New article 4 (section 2040) filed 4-9-62; effective thirtieth day thereafter (Register 62, No. 7).
2. Amendment filed 9-10-63; effective thirtieth day thereafter (Register 63, No. 15).
3. Amendment filed 6-12-79, effective thirtieth day thereafter (Register 79, No. 24).
4. Renumbering of article 4 (sections 2040 and 2041) to article 3 (sections 2040 and 2041) filed 6-12-79; effective thirtieth day thereafter (Register 79, No. 24).
5. Change without regulatory effect amending section 2040 filed 8-16-90 pursuant to section 100, title 1, California Code of Regulations (Register 90, No. 44).