Section 26-4-4-1 - Establishment of fund; fiscal year(a) The Indiana grain indemnity fund is established for the purpose of providing money to pay producers for losses incurred due to the failure of a grain buyer or warehouse operator licensed under IC 26-3-7. The fund shall be administered by the board of the corporation.(b) The fund consists of money collected under this chapter.(c) The fund shall operate on a fiscal year of July 1 to June 30.Amended by P.L. 60-2015, SEC. 14, eff. 7/1/2015.As added by P.L. 250-1995, SEC.1. Amended by P.L. 173-1999, SEC.18; P.L. 75-2010, SEC.24.