2005 Idaho Code - 22-5127 — MINIMUM BALANCE FOR CLAIMS -- TERMINATION OF LIABILITY

                                  TITLE  22
                         AGRICULTURE AND HORTICULTURE
                                  CHAPTER 51
                           SEED INDEMNITY FUND LAW
    22-5127.  MINIMUM BALANCE FOR CLAIMS -- TERMINATION OF LIABILITY. No
claims of producers shall be paid when the balance in the seed indemnity fund
is reduced to two hundred fifty thousand dollars ($250,000). If the director
cannot fully pay producers' claims without exceeding the minimum balance, he
shall pay claims pro rata until the seed indemnity fund contains sufficient
funds to pay claims in full. In no case shall the fund be liable for those
claims not fully paid within three (3) years of submission of the claim.