§ 13-201. Definitions  


Latest version.



  •    (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.


HISTORY: 1981, ch. 778; 1982, ch. 404; 1986, ch. 210; 1987, ch. 510.