26-4-4-7. Inspection of Books and Records; Verification; Confidentiality
Sec. 7. (a) The: (1) books and records of each grain buyer must clearly indicate the producer premiums collected by the grain buyer; and (2) portion of the books and records reflecting the premiums collected must be open for inspection by the corporation, board, board’s authorized agents, director, or the director’s designee during regular business […]
26-4-4-8. Amount of Fund; Basis for Suspension and Reinstatement of Producer Premium Collection
Sec. 8. (a) The producer premiums required under section 4 of this chapter must be collected until the fund contains more than twenty-five million dollars ($25,000,000), as of June 30 of any given year. (b) Except as provided in subsection (c), after the fund reaches twenty-five million dollars ($25,000,000), the board may not require the […]
26-4-4-9. Certification of Fund Balance; Discretion of Board to Suspend Collection
Sec. 9. (a) At the July meeting required under IC 26-4-3-5, the board shall certify the amount of money in the fund on June 30. (b) Except as provided in section 8(c) of this chapter, the board may not require the collection of a producer premium during a fiscal year when the board certifies under […]
26-4-4-10. Repealed
As added by P.L.250-1995, SEC.1. Repealed by P.L.268-2001, SEC.2.
26-4-5-1. Refunds; Form, Restrictions, Extension, Notice
Sec. 1. (a) A producer upon and against whom a producer premium is charged and collected under the provisions of this chapter may demand of and by complying with this chapter receive from the fund through the board a refund of the producer premiums collected from the producer. (b) The board shall develop the form […]
26-4-5-2. Reentry Into Program; Conditions; Date Coverage Commences
Sec. 2. (a) A producer who has received a refund of a producer premium under section 1 of this chapter after June 30, 2015, and has made a request for reentry may reenter the grain indemnity program if the following conditions are satisfied: (1) The producer petitions the board for approval of reentry into the […]
26-4-5-3. Repealed
As added by P.L.250-1995, SEC.1. Amended by P.L.173-1999, SEC.19. Repealed by P.L.75-2010, SEC.35.
26-4-5-4. Educational Information
Sec. 4. The board, in coordination with the agency, shall develop educational information to be made available electronically to producers, grain buyers, and warehouse operators, explaining the following: (1) The purpose of the fund. (2) How the fund is operated. (3) An explanation of coverage under the program, including the duration of coverage and limits […]
26-4-6-1. Restrictions on Use of Fund; Nonseverability of Provision
Sec. 1. (a) The money in the fund: (1) is not available for any purpose other than the payment of claims approved by the board or refunds to producers who do not want to participate in the fund; and (2) may not be transferred to any other fund. (b) The limiting and nontransferability provision of […]
26-4-3-10. Repealed
As added by P.L.5-1996, SEC.18. Repealed by P.L.177-2011, SEC.5.