CHAPTER 4. PAYMENT OF CLAIMS AGAINST DAIRY PROCESSING PLANTS

IC 15-18-4
    Chapter 4. Payment of Claims Against Dairy Processing Plants

IC 15-18-4-1
Claim against milk processor; priority on insolvency
    Sec. 1. (a) The whole claim or a judgment for the whole claim ofa person is entitled to the same preferences in an insolvencyproceeding under IC 22-2-10-1 if the claim or judgment is against:
        (1) the owner or operator of a dairy plant or receiving station orany other premises where a dairy product is manufactured,processed, or handled or of any premises used to receive andship milk or cream, except to the ultimate consumer; or
        (2) any:
            (A) dealer in a dairy product; or
            (B) other person (except a hauler from the producer to aplant or receiving station) who purchases, assembles, orreceives a dairy product for manufacturing, processing, orsale;
and the basis of the claim or judgment is milk, cream, any other dairyproduct or byproduct, or any commodity, the principal constituentsor ingredients of which include (separately or in combination) milk,cream, or any other dairy product that is sold or delivered to theowner, operator, dealer, or other person.
    (b) This section does not affect or impair any other lien or securityfor the claim or judgment described in subsection (a).
As added by P.L.2-2008, SEC.9.