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M-35 - Farm Products Marketing Act

Section 105
Disposition versions

Full text
105. The liquidator shall first pay the debts of the producers’ board and the costs of winding-up.
After such payments, the balance from the liquidation of the assets shall be distributed among the producers subject to the joint plan during the two years preceding the date when such plan terminated.
The distribution among the producers shall be made in proportion to the amount of the contributions paid by each of such producers to the producers’ board during such two years, unless the general meeting adopts different rules in that respect.
1974, c. 36, s. 105.
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