Delaware § 3171 Income from collateral

Delaware Statutes

§ 3171 — Income from collateral

Delaware·Title 3·Part Marketing of Agricultural Products·Ch. 31 MILK, CREAM AND OTHER MILK PRODUCTS; CONTAINERS·Subch. Dealers’ and Handlers’ Bonds

The milk dealer or handler shall be entitled to all moneys received by the State Treasurer as interest or dividends upon any security or securities deposited by such milk dealer or handler with the Department of Agriculture and transmitted by the Department to the State Treasurer for safekeeping, in accordance with this subchapter. The milk dealer or handler shall not be entitled to interest or dividends if there is on file with the Department a valid unpaid claim of a producer against the milk dealer or handler, based on milk sold, supplied or made available by such producer to the milk dealer or handler.

Free access — add to your briefcase to read the full text and ask questions with AI

The milk dealer or handler shall be entitled to all moneys received by the State Treasurer as interest or dividends upon any security or securities deposited by such milk dealer or handler with the Department of Agriculture and transmitted by the Department to the State Treasurer for safekeeping, in accordance with this subchapter. The milk dealer or handler shall not be entitled to interest or dividends if there is on file with the Department a valid unpaid claim of a producer against the milk dealer or handler, based on milk sold, supplied or made available by such producer to the milk dealer or handler.

Delaware § 3171 (Income from collateral) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.