2013 Idaho Statutes
Title 69 - WAREHOUSES
Chapter 2 - BONDED WAREHOUSE LAW
Section 69-261 - ADVISORY COMMITTEE -- TERMS -- COMPENSATION.
(2) The committee shall be composed of six (6) producers primarily engaged in the production of commodities, and three (3) licensed bonded warehousemen or licensed commodity dealers.
(3) The committee shall meet at such places and times as it shall determine and as often as necessary to discharge the duties imposed upon it, provided, it shall meet not less than twice per year. Each committee member shall be compensated in accordance with section 59-509(o), Idaho Code, for travel and subsistence expense. The expenses of the committee and its operation shall be paid from the commodity indemnity fund.
(4) The committee shall have the power and duty to advise the director concerning assessments, administration of the commodity indemnity fund, and payment of claims from the fund. Every two (2) years the committee will review the maximum limits of the fund and give advice to the director.
History:
[69-261, added 1988, ch. 350, sec. 2, p. 1037; am. 1989, ch. 320, sec. 6, p. 830; am. 1998, ch. 124, sec. 1, p. 461; am. 2002, ch. 259, sec. 42, p. 777; am. 2004, ch. 172, sec. 1, p. 550.]
Disclaimer: These codes may not be the most recent version. Idaho may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.