New York § 250-G Release of security by commissioner

New York Statutes

§ 250-G — Release of security by commissioner

New York § 250-G

Law AGMAgriculture & Markets

Art. 20Licensing of Farm Products Dealers

This text of New York § 250-G (Release of security by commissioner) is published on Counsel Stack Legal Research, covering New York primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.Y. Agriculture & Markets § 250-G (2026).

Text

  § 250-g. Release of security by commissioner. If upon investigation by\nthe commissioner, the licensee is found to have fully paid all the\nproducers of farm products received or purchased by him or her, the\ncommissioner may cancel the license of such licensee upon request of the\nlicensee and release security deposited with a bank or trust company\npursuant to section two hundred fifty of this article, other than\ncontributions to the agricultural producers security fund.  Such\ncontributions to the agricultural producers security fund shall not be\nconstrued to create a legal and equitable interest in such funds for any\nlicensee or producer.\n

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§ 250-g. Release of security by commissioner. If upon investigation by\nthe commissioner, the licensee is found to have fully paid all the\nproducers of farm products received or purchased by him or her, the\ncommissioner may cancel the license of such licensee upon request of the\nlicensee and release security deposited with a bank or trust company\npursuant to section two hundred fifty of this article, other than\ncontributions to the agricultural producers security fund. Such\ncontributions to the agricultural producers security fund shall not be\nconstrued to create a legal and equitable interest in such funds for any\nlicensee or producer.\n