Del. Code tit. 3 § 3171

Current through 2024 Legislative Session Act Chapter 269
Section 3171 - Income from collateral

The milk dealer or handler shall be entitled to all moneys received by the State Treasurer as interest or dividends upon any security or securities deposited by such milk dealer or handler with the Department of Agriculture and transmitted by the Department to the State Treasurer for safekeeping, in accordance with this subchapter. The milk dealer or handler shall not be entitled to interest or dividends if there is on file with the Department a valid unpaid claim of a producer against the milk dealer or handler, based on milk sold, supplied or made available by such producer to the milk dealer or handler.

3 Del. C. § 3171

Code 1935, § 654H; 48 Del. Laws, c. 376, § 1; 3 Del. C. 1953, § 3171; 57 Del. Laws, c. 764, § 12.;