Section 69-251 – PAYMENT OF PURCHASE PRICE.
69-251. PAYMENT OF PURCHASE PRICE. A warehouseman shall pay to the depositor the purchase price for agricultural commodities upon deposit or demand by the depositor, but not later than thirty (30) days after deposit unless otherwise agreed by the parties in writing. As used in this section, "payment" means the actual payment or tender of […]
Section 69-236 – NONCOMPLIANCE — FAILURE — REMEDIES OF DEPARTMENT.
69-236. NONCOMPLIANCE — FAILURE — REMEDIES OF DEPARTMENT. (1) Whenever it appears, after any investigation, that a warehouseman does not have in his possession sufficient agricultural commodities to cover the outstanding warehouse receipts, scale weight tickets, or other evidence of storage liability issued or assumed by him, or the ability to pay producers for contract […]
Section 69-237 – PARTIAL WITHDRAWAL OF COMMODITIES — ADJUSTMENT OR SUBSTITUTION OF RECEIPT — DUTIES OF WAREHOUSEMAN.
69-237. PARTIAL WITHDRAWAL OF COMMODITIES — ADJUSTMENT OR SUBSTITUTION OF RECEIPT — DUTIES OF WAREHOUSEMAN. When partial withdrawal of an agricultural commodity is made by a depositor, the warehouseman shall make appropriate notation thereof on the depositor’s nonnegotiable receipt or on other records. If the warehouseman has issued a negotiable receipt to the depositor he […]
Section 69-238 – WAREHOUSEMAN’S OBLIGATIONS — DUTY TO DELIVER DEPOSITED COMMODITIES — DAMAGES.
69-238. WAREHOUSEMAN’S OBLIGATIONS — DUTY TO DELIVER DEPOSITED COMMODITIES — DAMAGES. (1) The duty of the warehouseman to deliver agricultural commodities deposited shall be governed by the provisions of this chapter and the requirements of the uniform commercial code. Upon the return of a properly endorsed negotiable warehouse receipt to the warehouseman, and upon payment […]
Section 69-223 – NEGOTIABLE WAREHOUSE RECEIPTS FOR COMMODITIES STORED — CONTENTS — CONDITIONS — PENALTIES.
69-223. NEGOTIABLE WAREHOUSE RECEIPTS FOR COMMODITIES STORED — CONTENTS — CONDITIONS — PENALTIES. Every negotiable warehouse receipt issued for agricultural commodities stored in a warehouse licensed under the provisions of this chapter shall be issued in accordance with, but not limited to, the following: (1) Every negotiable warehouse receipt issued for agricultural commodities stored in […]
Section 69-239 – DUTIES OF WAREHOUSEMAN — CONTENTS OF RECORDS.
69-239. DUTIES OF WAREHOUSEMAN — CONTENTS OF RECORDS. (1) The warehouseman shall maintain current and complete records at all times with respect to all agricultural commodities handled, deposited, shipped or merchandised by him, including agricultural commodities owned by him. Such records shall include, but are not limited to, a daily position record showing the total […]
Section 69-224 – STANDARDS FOR AGRICULTURAL COMMODITIES.
69-224. STANDARDS FOR AGRICULTURAL COMMODITIES. The department is authorized, from time to time, to establish and promulgate standards for agricultural commodities by which their quality or value may be judged or determined. So far as practicable such standards shall conform to the official standards of the United States or the state of Idaho applicable to […]
Section 69-240 – DIRECTOR’S DISCRETIONARY ACTION.
69-240. DIRECTOR’S DISCRETIONARY ACTION. Nothing in this chapter shall be construed to require the director or his authorized representative to report for prosecution or for the institution of civil action a violation of the provisions of this chapter when he believes that public interest will best be served by a suitable warning. History: [69-240, added […]
Section 69-225 – LOSS OF RECEIPTS — CONDITIONS OF REISSUE.
69-225. LOSS OF RECEIPTS — CONDITIONS OF REISSUE. While an original receipt issued under this chapter is outstanding and uncanceled by the warehouseman issuing the same no other or further receipt shall be issued for the agricultural commodity covered thereby or for any part thereof. In order to issue a new warehouse receipt supplementing one […]
Section 69-241 – INSURANCE — CANCELLATION PROCEDURE — SUSPENSION OF LICENSE.
69-241. INSURANCE — CANCELLATION PROCEDURE — SUSPENSION OF LICENSE. With the existence of an effective policy of insurance as required by section 69-206(1), Idaho Code, the insurance company involved shall be required to give ninety (90) days’ advance notice to the department by registered or certified mail, return receipt requested, of cancellation of the policy. […]