1. (a) In this subtitle the following words have the meanings indicated.
2. (b) “Fair market value” means the value established by a contract or by the Department for a loss of grain at the time of the loss.

3. (c) “Grain” means:

   1. (1) Corn;
   2. (2) Wheat;
   3. (3) Rye;
   4. (4) Oats;
   5. (5) Barley;
   6. (6) Sorghum;
   7. (7) Soybeans; and
   8. (8) Sunflowers.

4. (d)

   1. (1) “Grain dealer” means a person who is in the business of buying, receiving, exchanging, or storing grain from a person who grows grain.
   2. (2) “Grain dealer” does not mean a farmer who buys, receives, exchanges, or stores grain for use in the farming business of that farmer.

Added by Acts 1981, c. 778. Amended by Acts 1982, c. 404; Acts 1986, c. 210; Acts 1987, c. 510.