15-15-7-4. "Production contract"

IN Code § 15-15-7-4 (2019) (N/A)
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Sec. 4. As used in this chapter, "production contract" refers to any of the following:

(1) A contract to grow seed for demonstration purposes.

(2) A contract to grow seed for research purposes.

(3) A contract to grow seed under which the seed supplier:

(A) retains title to the crop or a product from the crop; or

(B) has the right or obligation to purchase, receive, or direct the disposition of the crop or a product from the crop.

(4) A contract to grow seed in connection with an identity preserved crop program.

[Pre-2008 Recodification Citation: 15-4-13-4.]

As added by P.L.2-2008, SEC.6.