§ 1439.806 - Indemnity benefits.  


Latest version.
  • (a) Livestock indemnity payments for losses of eligible livestock as determined by CCC are authorized to be made to livestock producers who file an Application for Livestock Indemnity Program, Form CCC-661, for the specific livestock category in accordance with instructions issued by the Deputy Administrator, if the:

    (1) Livestock producer submits an approved proof of loss according to § 1439.805; and

    (2) County or State committee determines that because of an eligible disaster condition the livestock producer had a loss in the specific livestock category in excess of the normal mortality rate established by CCC, based on the number of animals in the livestock category that were in the producer's inventory at the time of the disaster.

    (b) If the number of losses in the animal category exceeds the normal mortality rate established by CCC for such category, the loss of eligible livestock that shall be used in making a payment shall be the number of animal losses in the animal category that exceed the normal mortality threshold established by CCC.

    (c) Payments shall be made in an amount determined by multiplying: the national payment rate for the livestock category as determined by CCC by the amount specified in (b) of this section. Adjustments shall apply in accordance with § 1439.807.

    (d) Payments which are earned by a person under the livestock indemnity program may be assigned in accordance with the provisions of 7 CFR part 1404.