Sec. 8. (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.]
As added by P.L.2-2008, SEC.6.
Structure Indiana Code
Title 15. Agriculture and Animals
Article 15. Horticulture Products
Chapter 12. Indiana Corn Market Development
15-15-12-1. Application of Chapter
15-15-12-5. "Dean of Agriculture"
15-15-12-10. "Market Development"
15-15-12-20. Appointment of Nonvoting Council Members
15-15-12-21. Election Districts; Qualifications; Appointments; Ex Officio Members
15-15-12-22. Date of Election; Notice
15-15-12-23. Ballots; Petitions; Forms
15-15-12-25. Election Judges; Teller Committee; Traveling Expenses
15-15-12-26. Election; Date and Location
15-15-12-29. Payment of Expenses; Investments; Market Development
15-15-12-31. Liability for Debts and Actions of the Council
15-15-12-32. Assessments; Collection; Handling Fee
15-15-12-34. Information to Be Included in Checkoff Refund Form
15-15-12-36. Failure to Remit Assessments; Hearing; Civil Action; Penalty
15-15-12-37. Restrictions on Use of Assessment
15-15-12-38. Procedures for Termination if Refunds Are Greater Than 25%