Milk Producers' Financial Protection Amendments of 1990

Summary

Milk Producers' Financial Protection Amendments of 1990 - Amends the Packers and Stockyards Act, 1921 to provide that all milk purchased from a producer by a handler in a cash sale and all inventories and proceeds and related products shall be held by the handler in trust for the producer until the producer receives full payment. States that the producer shall lose the benefit of such trust if: (1) payment is not received within 30 days of the payment date; or (2) within 15 business days after the handler receives notice that the payment instrument has been dishonored.

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2 official files

• Introduced in House (text)

  Introduced in House · EN

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 15 May 1990

  Open at official source

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