capitol dome
Michigan Legislative Website


Michigan Compiled Laws Complete Through PA 85 and includes 95, 97 & 116 of 2014
House: Adjourned until Wednesday, April 23, 2014 1:30:00 PM
Senate: Adjourned until Tuesday, April 22, 2014 10:00:00 AM

Michigan Legislative Website

Main Content

Act 198 of 2003
Search within this Statute for


FARM PRODUCE INSURANCE ACT

Act 198 of 2003

AN ACT to provide insurance to farm produce producers against losses from the failure of grain dealers; to establish a farm produce insurance authority; to prescribe the powers and duties of the authority and its board; to establish a farm produce insurance fund; to provide for assessments on certain producers of farm products; to impose a fee for regulation of grain dealers and enforcement activities; to prescribe certain powers and duties of certain state agencies and officers; to authorize the promulgation of rules; and to repeal acts and parts of acts.


History: 2003, Act 198, Imd. Eff. Nov. 10, 2003 ;-- Am. 2010, Act 300, Imd. Eff. Dec. 16, 2010 ;-- Am. 2012, Act 149, Imd. Eff. May 30, 2012


© 2009 Legislative Council, State of Michigan

The People of the State of Michigan enact:

DocumentTypeDescription
Section 285.311SectionShort title.
Section 285.313SectionDefinitions.
Section 285.315SectionFarm produce insurance authority; creation; powers, duties, and functions.
Section 285.317SectionBoard of directors; membership; terms; vacancy; quorum; meetings; notice; waiver of objection; duties; powers; compensation; inspection of books and records; confidentiality; disclosure.
Section 285.318SectionConduct of business at public meetings; public notice; disclosure of information.
Section 285.319SectionFarm produce insurance fund; establishment; payments; allocation for administrative expenses; payment for legal services and expenses; investments; compliance review of investment portfolio; audit; establishment of fiscal year; "financial institution" defined.
Section 285.320SectionAdministrative premium.
Section 285.321SectionProducer premium; limitation; payment; deduction from proceeds; notice to producer; forwarding for deposit into fund; retention of books and records; availability for inspection or verification; certification of amount of money in fund.
Section 285.323SectionAdministrative premium or producer premium; refund.
Section 285.325SectionClaim for reimbursement.
Section 285.327SectionUse of money; severability; audit.
Section 285.329SectionAction by director or department; defenses.
Section 285.331SectionConduct as misdemeanor; penalties; enforcement action; costs and expenses.