It is hereby declared that the dairy industry is a paramount agricultural industry of this Commonwealth and that the normal processes of producing and marketing milk are enterprises of vast economic importance to the Commonwealth and of vital importance to the consuming public which ought to be safeguarded and protected in the public interest. The General Assembly finds that the marketing of milk requires dairy farmers and cooperatives to receive prompt payment from dealers and handlers. It has been, and continues to be, the policy of this Commonwealth to protect producers and cooperatives against loss of payment for milk because of defaults by purchasers. The public interest requires the establishment of an act to provide security for dairy farmers and cooperatives.
31 P.S. § 626.2