"Storage loss" means a loss to a storage depositor resulting from a warehouse operator:

1. (1) whose license has been revoked; and
2. (2) who has not fully satisfied the warehouse operator's storage obligation to the depositor, net of any outstanding charges against the grain.

As added by P.L.250-1995, SEC.1. Amended by P.L.75-2010, SEC.20; P.L.114-2025, SEC.57.