§ 26-4-5-1 — Refunds; form, restrictions, extension, notice

(a) A producer upon and against whom a
producer premium is charged and collected under the provisions of this
chapter may demand of and by complying with this chapter receive
from the fund through the board a refund of the producer premiums
collected from the producer.
(b) The board shall develop the form on which a demand for a
refund must be filed. The board shall make the form available to grain
buyers, producers, and the public upon request.
(c) Except as provided in subsection (d), a demand for a refund
under this section is only valid if:
(1) made in writing and:
(A) hand delivered; or
(B) sent by first class mail;
to the board; and
(2) delivered or sent to the board not more than twelve (12)
months after the premium was collected.
(d) The board may for good cause grant an extension for filing a
demand for a refund under this chapter.
(e) A producer that requests and receives a refund under this section
after June 30, 2015, is not protected and will not be compensated by
the grain indemnity program. The board may not consider any refunds
claimed before July 1, 2015, in determining whether a producer is
covered by the fund.
(f) A producer who requests a refund of producer premiums paid is
not eligible to be a claimant as of the date the refund check is issued to
the producer by the board.
(g) Before January 1 of each year in which producer premiums were
collected during the immediately preceding calendar year, the board
shall send a notice to each producer who requested a refund of
producer premiums in any previous year. The notice must inform the
producer of the time frame in which a request for a refund must be
made and the method of filing for a refund.

Legislative History

As added by P.L.250-1995, SEC.1. Amended by P.L.145-2017, SEC.18; P.L.114-2025, SEC.70.