1. (a) If this chapter applies as described in section 1 of this chapter, then the Indiana soybean marketing program is established. The ISA shall administer the program as required by this chapter.

2. (b) The ISA consists of twenty-six (26) voting and at least eight (8) ex officio, nonvoting board members. The elected board members from districts listed under section 22 of this chapter must:

   1. (1) be registered as voters in Indiana;
   2. (2) be at least eighteen (18) years of age;
   3. (3) be producers;
   4. (4) have an assessment on soybeans under section 28 of this chapter made during the previous two (2) years; and
   5. (5) not have requested or received a refund of any assessment during the previous two (2) years.
3. (c) Each elected board member of the ISA must reside in the district identified in section 22 of this chapter from which the board member is elected.
4. (d) The ISA shall elect a president, a vice president, a secretary, treasurer, and other officers the ISA considers necessary.
5. (e) A majority of the voting board members of the ISA constitutes a quorum. The affirmative votes of at least a majority of the quorum, and at least fourteen (14) affirmative votes, are required for the ISA to act.
6. (f) The ISA shall meet at least three (3) times in each marketing year at the call of the president or at the request of two-thirds (2/3) of the board members of the ISA.
7. (g) Each board member of the ISA who is not a state employee or a member of the general assembly is entitled to reimbursement for mileage, travel expenses, and other expenses actually incurred in connection with the board member's duties in accordance with the ISA's travel policy. Except as provided in section 22 of this chapter, ISA board members are not entitled to a salary or per diem. Reimbursement under this subsection shall be paid from funds of the ISA.
8. (h) Each board member of the ISA who is a state employee is entitled to reimbursement for traveling expenses as provided under IC 4-13-1-4 and other expenses actually incurred in connection with the board member's duties as provided in the state policies and procedures established by the Indiana department of administration and approved by the budget agency. Reimbursement under this subsection shall be paid from appropriations made to the department.

As added by P.L.8-2026, SEC.1.