Idaho § 22-5127 - Minimum balance for claims - Termination of liability
Full text of Idaho Idaho Statutes § 22-5127 — Minimum balance for claims - Termination of liability, with citation guidance and answers to common questions.
§ 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.
[22-5127, added 2002, ch. 256, sec. 1, p. 746.]
Source: official Idaho text · Last verified 2026-08-27
Frequently Asked Questions About Idaho § 22-5127
What does Idaho Statutes § 22-5127 cover?
Section 22-5127 ("Minimum balance for claims - Termination of liability") is part of the Idaho Statutes, the codified statutory law of Idaho. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Idaho § 22-5127?
A common citation format is "Idaho Statutes § 22-5127" (Idaho). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Idaho law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Idaho official source linked on this page or consult a licensed Idaho attorney.
How does Idaho § 22-5127 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Idaho can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Idaho.