INFORMATIONAL MEMORANDUM:    R&D-96-052
     
TO:       All Reinsured Companies
          All Risk Management Field Offices
          FSA Headquarters, Program Delivery and Field Operations
     
FROM:     Tim B. Witt
          Director
          Research and Development Division
     
SUBJECT:  Pima Cotton Rainfall Weather Insurance Policy
     
     
The privately developed Pima Cotton Rainfall Weather Insurance Policy, 
edition dated June 2,1996, and released to the Reporting Organization (RO) 
server on July 15, 1996, contained an error.  Deductible provisions were 
inadvertantly omitted from this policy.    
     
A corrected Pima Cotton Rainfall Weather Insurance Policy, edition dated 
February 28, 1996, has been installed on the RO server.  The deductible 
provisions in the corrected policy are referenced in section 8A(6) and 8B(2).  
All copies of the June 2, 1996, edition of the policy should be destroyed.