Idaho Administrative Code
Title IDAPA 02 - Agriculture, Department of
Rule 02.02.12 - BONDED WAREHOUSE RULES
Section 02.02.12.485 - RETURN OF COMMODITY DUE TO FAILURE
Universal Citation: ID Admin Code 02.02.12.485
Current through September 2, 2024
In the event of failure the Department may:
01. Identifiable Commodity. Return specifically identifiable commodity or as much as is available to its producer in full or partial satisfaction of indebtedness; or
02. Fungible Commodity. If the commodity is fungible, an amount equal to the producer's original deposit or if insufficient fungible commodity is available, a pro-rata share to all producers of the commodity; and
03. Shortfall in Commodity Distribution. Any shortfall in commodity distribution may be submitted as a claim against the CIF.
Effective March 15, 2022
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