250-G - Release of security by commissioner.

§ 250-g. Release of security by commissioner. If upon investigation by  the  commissioner,  the  licensee  is  found  to have fully paid all the  producers of farm products received or purchased  by  him  or  her,  the  commissioner may cancel the license of such licensee upon request of the  licensee  and  release  security  deposited with a bank or trust company  pursuant to section two  hundred  fifty  of  this  article,  other  than  contributions  to  the  agricultural  producers  security  fund.    Such  contributions to the agricultural producers security fund shall  not  be  construed to create a legal and equitable interest in such funds for any  licensee or producer.