Indiana Statutes
§ 15-15-12-8 — "First purchaser"
(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
§ 15-10-1-1
"Prior law"§ 15-10-1-2
Purpose of recodification§ 15-10-1-3
Statutory construction of recodification§ 15-10-1-4
Effect of recodification§ 15-10-1-5
Recodification of prior law§ 15-10-1-6
References to repealed statutes§ 15-10-1-7
References to citations§ 15-10-1-8
References to prior rules§ 15-10-1-9
References to prior law§ 15-11-1-1
Application of definitions§ 15-11-1-2
"Department"§ 15-11-1-3
"Director"§ 15-11-1-4
"Division"§ 15-11-1-5
"Secretary"§ 15-11-12-1
"Commission"