Farm Produce Insurance Act (PA 198 of 2003) PA 198 of 2003 creates the "Farm Produce Insurance Act" to establish a program in which producers of dry beans, grains, or corn could contribute a percentage of their proceeds to a new fund, and could recover from the fund for losses caused by a grain dealer's financial failure.
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PA 198 of 2003 creates the "Farm Produce Insurance Act" to establish a program in which producers of dry beans, grains, or corn could contribute a percentage of their proceeds to a new fund, and could recover from the fund for losses caused by a grain dealer's financial failure.