- (a) Notwithstanding any other law, a claimant who delivered grain to a first purchaser for sale or storage under a bailment to a failed licensee beginning October 8, 2014, and ending April 8, 2015, shall be considered by the director or the director's designated representative in determining the total proven storage and financial obligations due to depositors and the loss sustained by each depositor who has proven a claim.
- (b) Notwithstanding any other law, the director, the director's designated representative, or the board may not consider any refunds claimed before July 1, 2015, in determining whether a claimant is covered by the fund for a claim for the period beginning October 8, 2014, and ending April 8, 2016.
- (c) Before September 1, 2017, the director shall forward to the Indiana grain indemnity fund board of directors a list of the claimants who are owed money under this section and the balance due each claimant along with a copy of the final order for any claimants who were not paid the full amount due for the claimants' proven claims under this section.
- (d) The director or the director's designated representative shall send a statement of loss to each claimant that includes the amounts due to each claimant according to the records of the failed licensee for the claim allowed under this section. However, a claimant may submit a claim form with written documentation supporting the claim.
- (e) Notwithstanding any other law, before November 1, 2017, the Indiana grain indemnity fund board of directors shall pay, according to the procedures in IC 26-4-6 , the claimants who are owed money according to the list forwarded by the director under subsection (c).
- (f) This section expires July 1, 2018.
As added by P.L.145-2017, SEC.11.