26-4-1-23. “Warehouse”
Sec. 23. “Warehouse” means any building or other protected enclosure in one (1) general location that is licensed or required to be licensed under IC 26-3-7 in which grain is or may be: (1) stored for hire; (2) used for grain bank storage; or (3) used to store company owned grain; and the building or […]
26-4-1-24. “Warehouse Operator”
Sec. 24. “Warehouse operator” means a person who operates a facility or group of facilities: (1) in which grain is or may be stored for hire; or (2) that is used for grain bank storage; and that is operated under one (1) ownership and run from a single office that holds a valid license under […]
26-4-1-25. Repealed
As added by P.L.250-1995, SEC.1. Repealed by P.L.32-2021, SEC.74.
26-4-1-19. “Producer Premium”
Sec. 19. “Producer premium” means the amount of money charged to and collected from a producer under IC 26-4-4-4 that qualifies the producer to be a part of the grain indemnity program. As added by P.L.250-1995, SEC.1.
26-4-1-19.5. “Seed”
Sec. 19.5. “Seed”, notwithstanding IC 15-15-1, means grain set apart to be used primarily for the purpose of producing new plants. As added by P.L.173-1999, SEC.16. Amended by P.L.2-2008, SEC.68.
26-4-1-20. “Storage Loss”
Sec. 20. “Storage loss” means a loss to a storage depositor resulting from a failed warehouse operator not fully satisfying the warehouse operator’s storage obligation to the depositor, net of any outstanding charges against the grain. As added by P.L.250-1995, SEC.1. Amended by P.L.75-2010, SEC.20.
26-4-1-21. “United States Warehouse Act”
Sec. 21. “United States Warehouse Act” means the United States Warehouse Act, enacted August 11, 1916, as amended. As added by P.L.250-1995, SEC.1.
26-4-1-22. Repealed
As added by P.L.250-1995, SEC.1. Amended by P.L.173-1999, SEC.17. Repealed by P.L.75-2010, SEC.35.
26-4-1-9. “Director”
Sec. 9. “Director” means the director of the agency (as defined in section 3 of this chapter). As added by P.L.250-1995, SEC.1.
26-4-1-10. “Failed” or “Failure”
Sec. 10. “Failed” or “failure” means any of the following: (1) An inability of a licensee to financially satisfy fully all obligations due a claimant. (2) A public declaration of a licensee’s insolvency. (3) The nonpayment of a licensee’s debts in the ordinary course of business if there is not a good faith dispute. (4) […]