Title 03, Agriculture, Animals, and Food
23 chapters · 143 sections in this title.
AS 03.13.010 Agreement with Federal Crop Insurance Corporation.
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The department shall enter into an agreement with the Federal Crop Insurance Corporation under which the department agrees to pay to the corporation a portion of federal crop insurance premiums paid by producers of agricultural commodities in this state. The agreement must provid…
AS 03.13.020 Amount of contributions.
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Under the agreement, the department shall pay to the corporation for each covered producer an amount equal to the amount that the corporation pays for that producer under 7 U.S.C. 1508(b)(3) of the Federal Crop Insurance Act (7 U.S.C. 1501 1520), except as provided otherwise in…
AS 03.13.030 Limitation.
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Thirty percent of each producer's premium, as calculated by the corporation, on coverage of up to 65 percent of the recorded or appraised average yield, as adjusted, shall be paid by the state.
AS 03.13.040 Appropriations.
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(a) The payments to the corporation shall be made from funds appropriated from the general fund to the department for that purpose. (b) If for any year the amount appropriated is insufficient to fully fund the contribution required by AS 03.13.020, the department shall allocate f…
AS 03.13.050 Definitions.
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In this chapter, corporation means the Federal Crop Insurance Corporation (7 U.S.C. 1503).