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New Jersey Perishable Agricultural Commodity Surety Fund
Products Covered
Fresh or frozen fruits and vegetables and poultry.
Who is Protected?
New Jersey growers and producers.
Who is Subject to the Law?
Any New Jersey commission merchant, dealer or broker in fresh or frozen fruits and vegetables or poultry.
Claims Period
Claims must be filed within 90 days of the date payment was due.
Where are Claims Filed?
With the New Jersey Secretary of Agriculture.
Is there a Bond Requirement?
Yes, licensees must be bonded. The amount of the bond, depending on sales volume is between $5,000 and $150,000.
List of New Jersey receivers licensed under the Act:
//www.state.nj.us/agriculture/divisions/md/pdf/licensebondlist.pdf