LARSON, Justice.
Kenneth Marolf d/b/a Marolf Farms sold grain to Treimer Grain and Storage on several occasions beginning in November 1985 and ending in May 1986. The checks given by Treimer totaling $103,213 were not deposited until June 1987 when they were returned for insufficient funds. Marolf filed a claim against the Grain Depositors and Sellers Indemnity Fund, 1986 Iowa Acts ch. 1152, § 36(2) (codified as Iowa Code § 543A.6(2) (1987)). The board in...
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