Iowa HSB131 regulates grain marketing by licensed warehouse operators and grain dealers, including indemnity fees and loss indemnification for grain.

Iowa HSB131 amends provisions for grain marketing by licensed warehouse operators and grain dealers. It modifies the triggers for waiving or reinstating indemnity fees based on the balance in the indemnity fund. The bill also adjusts the order of priority for paying claims, with depositor and seller claims having the highest priority. It specifies valuation rules for losses involving corn or soybeans. The bill further details the payment of indemnity fees and the conditions under which a grain dealer may be delinquent.

Iowa HSB131 regulates grain marketing by licensed warehouse operators and grain dealers, including indemnity fees and loss indemnification for grain.

Iowa HSB131 amends provisions for grain marketing by licensed warehouse operators and grain dealers. It modifies the triggers for waiving or reinstating indemnity fees based on the balance in the indemnity fund. The bill also adjusts the order of priority for paying claims, with depositor and seller claims having the highest priority. It specifies valuation rules for losses involving corn or soybeans. The bill further details the payment of indemnity fees and the conditions under which a grain dealer may be delinquent.