If a producer transfers any part of his share during the crop year, what is required?

When a producer transfers any part of their share during the crop year, it is essential that the transfer is effective only with the written consent from the insurer. This requirement is in place to ensure that all parties are aware of the changes in ownership or responsibility concerning the crop insurance policy. The insurer needs to formally acknowledge the transfer to maintain accurate records and to ensure compliance with the insurance policy terms. This process protects both the producer and the insurer by preventing any misunderstandings or disputes over entitlement and coverage after the transfer occurs.

In contrast, other options may imply that the transfer requires less formality or oversight than what is legally necessary, disregarding the importance of having the insurer's acknowledgment in the transaction. Therefore, written consent from the insurer is a critical step in making sure that the transaction is legitimate and binding.