Section 151.10. Election to substitute bond or alternative security for Security Fund payments

Dealers making payments into the Milk Producers’ Security Fund, may elect to withdraw from the fund and provide a bond or alternative security in lieu of payments into the fund only on the date for filing of the milk dealer’s license renewal application for the next succeeding licensing year. Notice of the election shall accompany the license renewal application. The election shall be effective at the beginning of the succeeding licensing year. A dealer making the election may not be entitled to repayment of funds previously paid into the Producers’ Security Fund.

The provisions of this § 151.10 adopted March 27, 1981, effective March 28, 1981, 11 Pa.B. 1088.