Idaho Admin. Code r. 02.02.13.500 - COMMODITY INDEMNITY FUND
The
01.
Rate of
Assessment. The rate of assessment is two-tenths of one percent (.2%)
gross dollar amount, without deductions, due the producer pursuant to Section
69-257(2), Idaho
Code. The Director may establish a lower rate of assessment whenever he deems
it advisable or as recommended by the advisory committee established by Section
69-261, Idaho Code.
(3-15-22)
02.
Exemptions to
Assessment. Producers are not eligible to participate in CIF and no
assessments will be collected in the following cases. (3-15-22)
a. If a producer has a financial or
management interest in a licensed warehouse or licensed commodity dealer ,
except members of a cooperative marketing association qualified under Title 22,
Chapter 26, Idaho Code. (3-15-22)
b. If a producer sells to another producer,
none of which are a licensed warehouseman or a licensed commodity dealer .
(3-15-22)
c. If a producer deposits
or delivers commodity to an unlicensed entity pursuant to Title 69, Chapters 2
or 5, Idaho Code. (3-15-22)
d.
Non-producers or producers delivering commodity that was grown on land not
situated within the borders of the state of Idaho are exempt from paying
assessments. (3-15-22)
Notes
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