251.385 Fund-covered grains, defined -- Approval of fund-covered grain status by
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/ky/251-385A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
board required.
(1)The following grains shall be fund-covered grains:
(a)Corn, wheat, soybeans, grain sorghums, rye, barley, oats, or popcorn; and
(b)Other grains that may be approved for "fund-covered grain status" by a
majority vote of the board.
(2)The board shall not approve for "fund-covered grain status" any grain that is not
publicly traded on at least one
(1)exchange in the United States or Canada.