Indiana Statutes
§ 26-4-4-4 — Producer premiums
(a)Except as provided in section 8 of this
chapter, beginning on July 1, 2015, the producers of grain shall be
charged a producer premium equal to two-tenths percent (0.2%) of the
price on all marketed grain that is sold to a first purchaser licensee.
(b)The producer premiums required under this section are in
addition to any other fees or assessments required by law.
(c)The amount of the producer premium must be calculated using
the gross sales price of the grain, including all premiums and discounts
for moisture, quality, variety, or any other characteristic of the grain.
The producer premium must be calculated before the deduction of
marketing assessments, storage, drying, cleaning, or any other service
charge.
Free access — add to your briefcase to read the full text and ask questions with AI
Indiana § 26-4-4-4 (Producer premiums) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
As added by P.L.250-1995, SEC.1. Amended by P.L.60-2015,
SEC.16; P.L.145-2017, SEC.17; P.L.114-2025, SEC.66.
Nearby Sections
15
§ 26-1-1-0.3
Certain security interests considered perfected§ 26-1-1-0.5
Status of certain security interests; conditions; lapsing of perfection;
filing of financing statements§ 26-1-1-101
Short title; application§ 26-1-1-104
Construction against implicit repeal§ 26-1-1-105
Repealed§ 26-1-1-106
Remedies to be liberally administered§ 26-1-1-108
Severability