All grain dealers and warehouse operators shall participate in the grain depositors and sellers indemnity fund (the fund) through the remission of the fees required in rule 21-92.2 (203D). Failure to participate shall result in license suspension or revocation. As used in this chapter, "grain dealer" shall mean a licensed grain dealer pursuant to Iowa Code section 203.3 and "warehouse operator" shall mean a licensed warehouse operator pursuant to Iowa Code section 203C.6. "Licensee" shall mean either a licensed grain dealer or a licensed warehouse operator
Iowa Admin. Code r. 21-92.1