US Lawyer Database

26-4-6-7. Denial of Claim

Sec. 7. The board shall deny the payment of compensation under this chapter to a claimant who has incurred a financial loss or storage loss due to the failure of a warehouse or grain buyer when the board determines the existence of any of the following: (1) The claimant as payee has failed to present […]

26-4-6-8. Duties of Board Following Failure to Pay by Warehouse or Grain Buyer

Sec. 8. After the agency has determined that a grain buyer or warehouse has defaulted payment or failed, the board shall have the following duties: (1) Determine the valid claims and the amount of such claims to be paid to claimants for financial losses that were incurred due to the failure of a grain buyer […]

26-4-7-1. Authority

Sec. 1. The agency, corporation, and board have authority to publish and adopt rules consistent with this article. As added by P.L.250-1995, SEC.1.

26-4-7-2. Disciplinary Action

Sec. 2. This article does not limit the authority of the director of the agency to take disciplinary action against a grain buyer or warehouse operator licensed under IC 26-3-7 for a violation of IC 26-3-7, this article, or the rules of the agency. As added by P.L.250-1995, SEC.1. Amended by P.L.75-2010, SEC.32.

26-4-7-3. Effect of Repayment to Fund

Sec. 3. The repayment in full of all obligations to the fund by a grain buyer or warehouse operator does not nullify or modify the effect of any other disciplinary proceeding brought under IC 26-3-7 or this article. As added by P.L.250-1995, SEC.1. Amended by P.L.75-2010, SEC.33.

26-4-8-1. Failure to Collect or Pay Premiums

Sec. 1. A person who knowingly or intentionally refuses or fails to: (1) collect from producers under the program; or (2) pay producer premiums collected from producers under the program; commits a Class A misdemeanor. In addition to the criminal penalty under this section, the grain buyer must also pay to the fund money collected […]

26-4-8-2. Other Violations

Sec. 2. A person who knowingly makes any false statement, representation, or certification, or who knowingly fails to make any statement, representation, or certification, in any record, report, or other document filed or required to be filed or maintained by the director, agency, board, or corporation commits a Class A misdemeanor. As added by P.L.250-1995, […]

26-4-8-3. Interference With Board’s or Corporation’s Performance of Duties

Sec. 3. Except as permitted by law, a person who willfully or knowingly resists, prevents, impedes, or interferes with the board or other agents or employees of the corporation or the board in the performance of the duties assigned under this article commits a Class A misdemeanor. As added by P.L.250-1995, SEC.1.

26-4-6-6. Subrogation of Claim

Sec. 6. A claimant compensated under this chapter is required to subrogate to the board or corporation all the claimant’s rights to collect on a bond issued under IC 26-3-7 or the United States Warehouse Act and all the claimant’s rights to any other compensation arising from the failure of the grain buyer or warehouse […]

26-4-4-5. Notice of Producer Premium Deductions

Sec. 5. The agency shall notify each grain buyer licensed under IC 26-3-7 that producer premiums described in section 4 of this chapter shall be deducted from the purchase price of the grain on and after the date specified in the notice. The notice must be sent by first class mail. As added by P.L.250-1995, […]