Tex. Agriculture Code § 41.201
This is the official text of Tex. Agriculture Code § 41.201, part of Texas’s Agriculture Code — regulates farming, livestock, and agricultural commerce.
Not legal advice. This page reproduces the official text of a government statute for reference only. Laws change, and how a statute applies depends on your specific facts. For advice about your situation, consult a licensed attorney in your state.
§ 41.201. DEFINITIONS.
Official statutory text
In this subchapter:
(1) "Board" means the Texas Grain Producer Indemnity Board.
(2) "Claim initiation date" means the earliest date on which a grain buyer:
(A) files for federal bankruptcy protection;
(B) becomes the subject of an involuntary bankruptcy proceeding;
(C) is found to be insolvent by a court or a state or federal licensing agency;
(D) is ordered by a court having jurisdiction to pay a judgment to a grain producer; or
(E) loses its public warehouse license under:
(i) the United States Warehouse Act (7 U.S.C. Section 241 et seq.); or
(ii) Chapter 14.
(3) "Financial failure" means an event described by Subdivision (2)(A), (B), (C), (D), or (E).
(3-a) "Fund" means the grain producer indemnity fund.
(4) "Grain" means corn, soybeans, wheat, and grain sorghum.
(5) "Grain buyer" means a person who buys grain from a grain producer or stores unsold grain for a grain producer. The term includes:
(A) a purchaser;
(B) a warehouseman;
(C) a processor; or
(D) a commercial handler.
(6) "Grain producer" means a person, including the owner of a farm on which grain is produced, or the owner's tenant or sharecropper, engaged in the business of producing grain or causing grain to be produced for commercial purposes.
(8) "Reinsurance" means an insurance product purchased by the board to reduce the financial risk and capital balance associated with the function of the board.
(1) "Board" means the Texas Grain Producer Indemnity Board.
(2) "Claim initiation date" means the earliest date on which a grain buyer:
(A) files for federal bankruptcy protection;
(B) becomes the subject of an involuntary bankruptcy proceeding;
(C) is found to be insolvent by a court or a state or federal licensing agency;
(D) is ordered by a court having jurisdiction to pay a judgment to a grain producer; or
(E) loses its public warehouse license under:
(i) the United States Warehouse Act (7 U.S.C. Section 241 et seq.); or
(ii) Chapter 14.
(3) "Financial failure" means an event described by Subdivision (2)(A), (B), (C), (D), or (E).
(3-a) "Fund" means the grain producer indemnity fund.
(4) "Grain" means corn, soybeans, wheat, and grain sorghum.
(5) "Grain buyer" means a person who buys grain from a grain producer or stores unsold grain for a grain producer. The term includes:
(A) a purchaser;
(B) a warehouseman;
(C) a processor; or
(D) a commercial handler.
(6) "Grain producer" means a person, including the owner of a farm on which grain is produced, or the owner's tenant or sharecropper, engaged in the business of producing grain or causing grain to be produced for commercial purposes.
(8) "Reinsurance" means an insurance product purchased by the board to reduce the financial risk and capital balance associated with the function of the board.
Status: in_force · Read it on the official government site
Need a lawyer in Texas?
Find a Texas lawyer
About this page: Statute text is reproduced from official government publishers via the
Open US Law dataset
(Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine
(Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.