Sec. 35. (a) A first purchaser shall keep detailed records of all assessments collected and remitted under this chapter for at least three (3) years.

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Terms Used In Indiana Code 15-15-12-35

  • council: refers to the Indiana corn marketing council established by section 17 of this chapter. See Indiana Code 15-15-12-4
  • first purchaser: means a person who is engaged in Indiana in the business of buying corn from producers. See Indiana Code 15-15-12-8
     (b) Upon request, a first purchaser shall supply the council with any information from records kept under subsection (a).

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

(1) a qualified public accountant of the council’s choosing; or

(2) an auditor who is familiar with the:

(A) storage;

(B) conditioning;

(C) shipping; and

(D) handling;

of agricultural commodities.

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

[Pre-2008 Recodification Citation: 15-4-10-27.]

As added by P.L.2-2008, SEC.6. Amended by P.L.148-2009, SEC.9.

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