§ 43-32-104. Warehouse Receipts
The commissioner shall prescribe the form of all warehouse receipts, and no other character or form of warehouse receipt shall be issued except those so authorized. Receipts must be issued for all commodities stored in a warehouse. Receipts need not be issued against nonstorage commodities, but each warehouseman shall keep accurate records of the weights, […]
§ 43-32-105. Licensing Requirements — Application
No person shall engage in business as a commodity dealer or warehouseman in the state of Tennessee without a license therefor issued by the department. Application for a license to engage in business as a commodity dealer or warehouseman shall be filed with the department and shall contain information and be in a form as […]
§ 43-32-106. Financial Requirements — Security Bonds — Insurance — Exemptions
With the exception of incidental commodity dealers, nonsecured, every person licensed as a commodity dealer or warehouseman shall have a surety bond and a fire and extended coverage insurance policy, or proof thereof, both of which shall be noncancellable for the term of the license. The surety bond shall provide a reasonable level of protection […]
§ 43-32-107. Inspections — License Suspension or Revocation
The department shall examine or inspect each licensed commodity dealer or warehouseman at least once each calendar year. The department may inspect the premises used by any commodity dealer or warehouseman in the conduct of business at any time, and the books, accounts, records and papers of every licensed commodity dealer or warehouseman shall at […]
§ 43-32-108. Insolvency — Payment Defaults
If it is discovered that any commodity dealer or warehouseman is insolvent, or that its continuance in business will seriously jeopardize the interest of its creditors or commodities depositors, it is the duty of the commissioner to close that dealer or warehouseman and to take charge of all the property and effects thereof, and to […]
§ 43-29-117. Promulgation of Rules and Regulations
The commissioner is authorized to promulgate rules and regulations in accordance with the Uniform Administrative Procedures Act, compiled in title 4, chapter 5, to provide for the implementation of this chapter.
§ 43-29-118. Beef Promotion Board
The Tennessee beef promotion board shall be composed of twelve (12) members, to be appointed by the commissioner as provided in this section. All twelve (12) members of the board shall be producers of beef animals or representatives of the beef industry in the state. The members of the Tennessee beef promotion board shall be […]
§ 43-29-119. Pork Promotion Board
The Tennessee pork promotion board shall be composed of seven (7) members, to be appointed by the commissioner to serve terms of three (3) years, as hereinafter provided. All seven (7) members of the board shall be producers of pork animals in the state of Tennessee. Within ten (10) days of the effective date of […]
§ 43-29-120. Egg Promotion Board
The Tennessee egg promotion board shall be composed of five (5) members, to be appointed by the commissioner to serve terms of three (3) years, as hereinafter provided. All five (5) members of the board shall be producers of eggs. Within ten (10) days after the effective date of an assessment levied pursuant to this […]
§ 43-29-121. First Sales
At the time of the first sale, the producer shall provide evidence that all assessments provided for under this chapter have been paid. If the first sale is made to an egg handler or egg dealer, the egg handler or egg dealer shall deduct the assessment owed from the amount paid to the producer.