Section 21.91.2. Definitions.

For this chapter, the following definitions apply:

“Bureau” means the grain warehouse bureau of the department of agriculture and land stewardship.

“Department” means the Iowa department of agriculture and land stewardship.

“Generally accepted accounting principles” means accounting principles generally accepted in the United States of America, in accordance with the U.S. Financial Accounting Standards Board, or international financial reporting standards, in accordance with the International Accounting Standards Board.

“Indemnity fund” means the Iowa grain depositors and sellers indemnity fund created in Iowa Code chapter 203D.

“Licensee” means a licensed grain dealer.

“Person” means the same as defined in Iowa Code section 4.1.

“Provider” means a person approved by the department to maintain a secure electronic central filing system of electronic grain contract records.

“Provider agreement” means an agreement regarding electronic grain contracts which is entered into between the department and a provider.

“Received” means the earliest of the following:

        1.            The date a state warehouse examiner acknowledges receipt.

        2.            The date stamped “received” in the grain warehouse bureau.

        3.            The date postmarked, if the item is properly addressed, to the Grain Warehouse Bureau, Iowa Department of Agriculture and Land Stewardship, Henry A. Wallace Building, Des Moines, Iowa 50319.

“USDA” means the United States Department of Agriculture and its divisions and agencies, including, but not limited to, the Farm Service Agency.

“USDA Provider Agreement” means the agreement entered into between the USDA and a provider and which is printed on USDA Form WA-490 and any addenda thereto.

“User agreement” means an agreement regarding electronic grain contracts which is entered into between a provider and a licensee.

[ARC 7553B, IAB 2/11/09, effective 3/18/09; ARC 9388B, IAB 2/23/11, effective 3/30/11]