Indiana Statutes
§ 26-4-6-6 — Subrogation of claim
Indiana·Title 26 COMMERCIAL LAW·Art. 4 GRAIN INDEMNITY PROGRAM·Ch. 6 Payments to Producers Under the Grain Indemnity
A claimant compensated under this chapter is
required to subrogate to the board or corporation all the claimant's
rights to collect on a bond issued under IC 26-3-7 or the United States
Warehouse Act and all the claimant's rights to any other compensation
arising from the revocation of a license of the grain buyer or warehouse
operator. The claimant shall assign all the claimant's rights, title, and
interest in any judgment concerning the revocation of a license to the
board or corporation.
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Legislative History
As added by P.L.250-1995, SEC.1. Amended by P.L.173-1999,
SEC.20; P.L.75-2010, SEC.30; P.L.145-2017, SEC.22; P.L.114-2025,
SEC.75.
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Repealed§ 26-1-1-106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