M-35 - Farm Products Marketing Act

Section 91.6 Disposition versions

1988-06-17

91.6. The producers’ board may, by by-law,

(a)  establish a fund to guarantee payment in full or in part of producers’ claims relating to the marketing of a farm product and determine the terms and conditions of its establishment;

(b)  impose and collect contributions from producers to be paid into the fund contemplated in paragraph a and establish a procedure for the collection of such contributions;

(c)  classify the producers into groups and determine the amount of the contributions payable by the producers, which may vary in relation to the group to which they belong;

(d)  determine the circumstances which entitle a producer to benefit from the fund contemplated in paragraph a.

If the fund cannot adequately cover all existing claims, the producers’ board may determine pro rata the amount that can be paid to each creditor.

1988, c. 28, s. 2.