Indiana Statutes

§ 15-15-12-8 — "First purchaser"

Indiana § 15-15-12-8
JurisdictionIndiana
Art. 15HORTICULTURE PRODUCTS
Ch. 12Indiana Corn Market Development

This text of Indiana § 15-15-12-8 ("First purchaser") is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Ind. Code § 15-15-12-8 (2026).

Text

(a)As used in this chapter, "first purchaser" means a person who is engaged in Indiana in the business of buying corn from producers. The term refers to a person buying or acquiring corn from:
(1)the producer of the corn; or
(2)the Commodity Credit Corporation, if the corn is pledged as collateral for a loan issued under a price support loan program administered by the Commodity Credit Corporation.
(b)The term does not include a buyer of corn who buys less than one hundred thousand (100,000) bushels of corn annually for the buyer's own use as seed or feed. [Pre-2008 Recodification Citation: 15-4-10-6.]

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Legislative History

As added by P.L.2-2008, SEC.6.

Nearby Sections

15
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Bluebook (online)
Indiana § 15-15-12-8, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/15-15-12-8.