2012 California Codes
FAC - Food and Agricultural Code
DIVISION 20 - PROCESSORS, STORERS, DEALERS, AND DISTRIBUTORS OF AGRICULTURAL PRODUCTS [54001 - 57700]
CHAPTER 6 - Processors of Farm Products
ARTICLE 8 - Processors
Section 55601.4


CA Food & Agri Code § 55601.4 (through 2013 Leg Sess) What's This?
  

Notwithstanding the provisions of Section 55601, every processor who purchases livestock for slaughter shall make full payment of such livestock, by the transfer of collected funds to the seller’s account, within two business days from the delivery of such livestock to the processor.

For purposes of this section, “business day” means any day which is a business day under the provisions of Section 9 of the Civil Code.

(Added by Stats. 1979, Ch. 497.)

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