Sec. 41.202. DECLARATION OF POLICY. (a) The legislature intends for the board to indemnify grain producers for economic hardships in the event that a grain buyer is unable to pay the grain producer for the grain producer's grain.
(b) The board shall be the certified organization to indemnify grain producers under this subchapter.
Added by Acts 2011, 82nd Leg., R.S., Ch. 991 (H.B. 1840), Sec. 3, eff. September 1, 2011.
Structure Texas Statutes
Title 3 - Agricultural Research and Promotion
Chapter 41 - Commodity Producers Boards
Subchapter I. Texas Grain Producer Indemnity Board
Section 41.202. Declaration of Policy
Section 41.203. Conflict With General Commodity Law Provisions
Section 41.205. Powers and Duties of Board
Section 41.206. Collection of Assessment
Section 41.207. Assessments; Applicability of Other Law
Section 41.208. Initiation of Claim
Section 41.209. Payment of Claim
Section 41.210. Reimbursement of Board by Grain Buyer; Subrogation of Rights; Reinsurance
Section 41.212. Referendum; Balloting
Section 41.213. Notice of Referendum