(505 ILCS 40/16)
(from Ch. 5, par. 716)
A producer who has sold corn and has an assessment deducted
from the sale price may, by application in writing to the board, secure
a refund in the amount deducted. The refund shall be payable only when
the application has been made to the board within 60 days after the deduction.
Interest shall be allowed and paid at the rate of 6% per annum upon the
total amount of such assessment imposed by this Act, except that if any
such assessment is refunded within 90 days after an application for refund
has been made within the required 60 days after deduction or within 90 days
after the first purchaser of corn remits the assessments withheld and deducted
to the corn marketing board, whichever is later, no interest shall be allowed
on such assessment. Each application for refund by a producer shall have
attached thereto proof of assessment deducted.
(Source: P.A. 81-189.)