Farm mutual definition

Farm mutual means a district, county and
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Farm mutual means a district, county and township mutual insurance company authorized by the Director to do business in this State under the provisions of the Farm Mutual Insurance Company Act of 1986.
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Farm mutual means a district, county and township
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Examples of Farm mutual in a sentence

  • Farm mutual insurers and fraternal benefit societies are exempt from insurance company taxes.

  • Farm mutual insurance companies, statewide mutual assessment companies, local mutual aid associations, and mutual burial associations will incur no costs as a result of the proposed amendment as they are specifically exempted from this section.


More Definitions of Farm mutual

Farm mutual means a district, county and township mutual insurance company authorized by the
Sample 1
Farm mutual means a district, county and township mutual insurance company authorized by the Director to do business in this State under the provisions oE the Farm Mutual Insurance company Act oE 1986.
Sample 1

Related to Farm mutual

  • Family farm corporation means a corporation founded for the purpose of farming agricultural land in which the majority of the voting stock is held by and the majority of the stockholders are persons or the spouse of persons related to each other within the fourth degree of kinship, according to the rules of the civil law, and at least one of the related persons is residing on or actively operating the farm, and none of whose stockholders are a corporation. A family farm corporation does not cease to qualify under this division where, by reason of any devise, bequest, or the operation of the laws of descent or distribution, the ownership of shares of voting stock is transferred to another person, as long as that person is within the degree of kinship stipulated in this division.

  • SCC means the Special Conditions of Contract.

  • Farm machinery means all machines and tools that are used in the production, harvesting, and care of farm products, and includes trailers that are used to transport agricultural produce or agricultural production materials between a local place of storage or supply and the farm, agricultural tractors, threshing machinery, hay-baling machinery, corn shellers, hammermills, and machinery used in the production of horticultural, agricultural, and vegetable products.

  • Farm products means goods, other than standing timber, with respect to which the debtor is engaged in a farming operation and which are: