What must be done to proceed with a share transfer during the crop year?

To proceed with a share transfer during the crop year, obtaining written consent from the insurer is essential. In the context of crop insurance, insurers typically impose certain requirements and conditions to manage their risk exposure effectively. Written consent ensures that the insurer is aware of the change in ownership and can assess how this impacts the policy and remaining coverage. This safeguard helps maintain the integrity of the insurance agreement, ensuring that all parties involved understand the implications of the share transfer on future claims or liabilities.

Other options, while they may seem related in different contexts, do not directly address the specific requirements needed for a share transfer in the realm of crop insurance. For instance, notifying local government or submitting a formal application might pertain to agricultural regulations but not necessarily to the conditions required by an insurer for a share transfer. Similarly, deposition of share values could relates to valuation processes but does not suffice in ensuring compliance with the insurer's regulations regarding ownership changes. Hence, written consent from the insurer is the correct and crucial step in this process.