1. (a) A first purchaser shall keep detailed records of all assessments collected and remitted under this chapter for at least three (3) years.
2. (b) Upon request, a first purchaser shall supply the ISA with any information from records kept under subsection (a).

3. (c) The ISA may periodically audit a first purchaser's checkoff assessment and remittance records kept under subsection (a). An audit must be conducted by:

   1. (1) a qualified public accountant of the ISA's choosing; or

   2. (2) an auditor who is familiar with the:

      1. (A) storage;
      2. (B) conditioning;
      3. (C) shipping; and

      4. (D) handling;

         of agricultural commodities.

         The costs of the audit shall be paid by the ISA.

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