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38 chapters · 881 sections in this title.
Ind. Code § 26-4-4-5 Notice of producer premium deductions
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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 mai…
Ind. Code § 26-4-4-6 Submission of producer premiums to finance fund
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Sec. 6. (a) When purchasing grain, a grain buyer, a grain buyer's agent, or a grain buyer's representative shall: (1) deduct the producer premium described in section 4 of this chapter from the producer's payment; and (2) document the producer premium paid by the producer. (b) A …
Ind. Code § 26-4-4-7 Inspection of books and records; verification; confidentiality
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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 authorize…
Ind. Code § 26-4-4-8 Amount of fund; basis for suspension and reinstatement of producer premium collection; collection time frame
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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 …