Code of Maine Rules
01 - DEPARTMENT OF AGRICULTURE, CONSERVATION AND FORESTRY
001 - AGRICULTURE - GENERAL
Chapter 60 - MAINE MILK POOL - OPERATION
Section 001-60-IX - Information to be Periodically Furnished by Eligible Marketing Cooperatives

Universal Citation: 01 ME Code Rules ยง 001-60-IX

Current through 2024-38, September 18, 2024

A. Each eligible marketing cooperative shall furnish the following information to the Pool Administrator on a monthly basis in a written report signed by a responsible person on behalf of the eligible marketing cooperative,

1. amount of premium charge per hundredweight of Class I milk respectively

2. total pounds on which premiums were collected;

3. total pounds on which premiums are outstanding;

4. total pounds of members' milk eligible to receive redistribution on premium;

5. gross amount of redistributions, and gross redistribution rate to members

6. an itemization of all administrative and other charges deducted from the gross amount of redistributions and the gross redistribution rate reported in item 5;

7. an itemization of all additions to the gross amount of redistributions and the gross redistribution rate reported in item 5;

8. the net amount of redistributions and the net redistribution rate credited to members;

9. the net amount of redistributions and the net redistribution rate actually paid to members. (if different from item 8, please explain);

10. the date upon which the net redistributions reported in item 8 are to be paid to members;

11. the extent to which premiums reported as outstanding under item 3 on previous months' reports have been collected and redistributed;

B. Each eligible marketing cooperative shall file the written report described in A. with the Pool Administrator no later than the 20th day after the end of the month following the month in which delivery was made. However, for good cause shown, the Commissioner may, at his discretion, extend the foregoing filing deadline.

C. Upon request of the Pool Administrator, an eligible marketing cooperative shall furnish any additional records or information necessary for the effective discharge of the Commissioner's duties under the Milk Pooling Law.

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