Section 13-201 - Definitions.
§ 13-201. Definitions.
(a) In general.- In this subtitle the following words have the meanings indicated.
(b) Fair market value.- "Fair market value" means the value established by a contract or by the Department for a loss of grain at the time of the loss.
(c) Grain.- "Grain" means:
(1) Corn;
(2) Wheat;
(3) Rye;
(4) Oats;
(5) Barley;
(6) Sorghum;
(7) Soybeans; and
(8) Sunflowers.
(d) Grain dealer.-
(1) "Grain dealer" means a person who is in the business of buying, receiving, exchanging, or storing grain from a person who grows grain.
(2) "Grain dealer" does not mean a farmer who buys, receives, exchanges, or stores grain for use in the farming business of that farmer.
[1981, ch. 778; 1982, ch. 404; 1986, ch. 210; 1987, ch. 510.]