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IC 26-4-4-1 — Establishment of fund; fiscal year

Chapter 4. Indiana Grain Indemnity Fund

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Sec. 1. (a) The Indiana grain indemnity fund is established for the purpose of providing money to pay producers for losses incurred due to the revocation of a license of a grain buyer or warehouse operator licensed under IC 26-3-7. The fund shall be administered by the board of the corporation. (b) The fund consists of money collected under this chapter. (c) The fund shall operate on a fiscal year of July 1 to June 30.

As added by P.L.250-1995, SEC.1. Amended by P.L.173-1999, SEC.18; P.L.75-2010, SEC.24; P.L.60-2015, SEC.14; P.L.114-2025, SEC.64.

Source: official publisher (2026 edition)

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