Current through Pa Acts 2024-53, 2024-56 through 2024-111
Section 626.12 - Procedure for disbursing proceeds(a) The board or an affected producer shall have the power to sue on the bond and security fund on behalf of producers.(b) The board shall, after hearing with notice to all interested parties, issue findings of fact and an order setting forth the amounts due producers. The findings and order shall be conclusive evidence for collecting from the bond and security fund for payments to producers. The board's order may be appealed to the Commonwealth Court.(c) In the event the moneys available from the bond and security fund are not sufficient to pay producers 75% of the 40-day purchases, the moneys available shall be divided pro rata among producers.1984, July 6, P.L. 652, No. 136, § 12, imd. effective.