Texas Agriculture Code

§ 41.209 — PAYMENT OF CLAIM

AG § 41.209Title 3. AGRICULTURAL RESEARCH AND PROMOTION · Ch. 41. COMMODITY PRODUCERS BOARDS · Art. I. TEXAS GRAIN PRODUCER INDEMNITY BOARD

(a)After a claim is initiated by a grain producer under Section 41.208, the board may take any action necessary to:

(1)investigate the grain producer's claim; and

(2)determine the amount due to the grain producer within the limit prescribed by Subsection (b) and subject to Subsection (f).

(b)In determining the amount due to a grain producer under Subsection (a) for a loss of grain, the board may award the grain producer 85 percent of:

(1)the value of the grain on the claim initiation date, as determined by board rule, if the grain has not been sold; or

(2)the contract price of the grain, if the grain has been sold.

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Legislative history

Acts 2015, 84th Leg., R.S., Ch. 33 (S.B. 1099), Sec. 7, eff. May 19, 2015.