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TITLE 825 INDIANA GRAIN INDEMNITY CORPORATION
ARTICLE 1. GRAIN INDEMNITY CORPORATION
Rule 1. Definitions
825 IAC 111 General definitions
Authority: IC 26471
Affected: IC 264
Sec. 1. The definitions
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What is grain indemnity corporation?
Grain indemnity corporation is a form of protection for grain producers in case that a grain dealer defaults on payment for grain.
Who is required to file grain indemnity corporation?
Grain producers who sell their grain to licensed grain dealers are required to file grain indemnity corporation.
How to fill out grain indemnity corporation?
Grain indemnity corporation forms can typically be filled out online or in person at the designated regulatory agency.
What is the purpose of grain indemnity corporation?
The purpose of grain indemnity corporation is to provide financial protection to grain producers in case of a default by a grain dealer.
What information must be reported on grain indemnity corporation?
Information such as the amount of grain sold, the name of the grain dealer, and the amount of indemnity payment may need to be reported on a grain indemnity corporation form.
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