Indiana Administrative Code
Title 825 - INDIANA GRAIN INDEMNITY CORPORATION
Article 1 - GRAIN INDEMNITY CORPORATION
Rule 4 - Producer Premiums
Section 4-2 - Calculation
Universal Citation: 825 IN Admin Code 4-2
Current through September 18, 2024
Authority: IC 26-4-7-1
Affected: IC 26-4
Sec. 2.
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.
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