Dayka & Hackett posts PACA employment bond - The Packer

Dayka & Hackett posts PACA employment bond

07/28/2014 03:50:00 PM
Daniel Vanderhorst

Dayka & Hackett LLC, Reedley, Calif., posted a $250,000 surety bond under Perishable Agricultural Commodities Act rules, according to a U.S. Department of Agriculture news release.

The company posted the bond to employ Jerald Downs, who was the only officer of Market 52 Inc., Kingsburg, Calif., which was found to have committed repeated and flagrant violations of Section 2 of PACA.

PACA rules mandate a USDA-approved surety bond whenever a PACA licensee wants to employ individuals who have failed to pay a reparation award.

The $250,000 bond will stay with USDA for four years, giving the industry confidence that the company will conduct its business according to PACA rules.



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