Indiana Administrative Code (Last Updated: December 20, 2016) |
Title 825. INDIANA GRAIN INDEMNITY CORPORATION |
Article 825IAC1. GRAIN INDEMNITY CORPORATION |
Rule 825IAC1-4. Producer Premiums |
Section 825IAC1-4-2. Calculation
Latest version.
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The amount of the producer premium, as defined in IC 26-4, shall 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 shall be calculated before the deduction of marketing assessments, storage, drying, cleaning, or any other service charge. (Indiana Grain Indemnity Corporation; 825 IAC 1-4-2; filed Sep 25, 1996, 10:00 a.m.: 20 IR 323; readopted filed Dec 2, 2002, 2:52 p.m.: 26 IR 1262; readopted filed Sep 29, 2009, 9:52 a.m.: 20091021-IR-825090504RFA; readopted filed Nov 24, 2015, 9:10 a.m.: 20151223-IR-825150329RFA)