26-3-7-17.5. Notice of Suspension or Revocation of License; Notice of Denial of Application
Sec. 17.5. (a) Whenever the license of a licensee is suspended or revoked, the director shall: (1) for each facility operated by the licensee, publish a public notice in a newspaper of general circulation that serves the county in which the facility is located; and (2) cause notice of the suspension or revocation to be […]
26-3-7-32. Injunctions; Unlawful Removal of Grain; Temporary Restraining Orders
Sec. 32. (a) The director may apply for, and the courts of this state are vested with jurisdiction to issue, a temporary or permanent injunction against the business operation of a licensee, or the issuance of receipts or tickets without a license and against interference by any person with the director, the director’s designated representative, […]
26-3-7-18. Revocation, Expiration, or Suspension of License; Effect Upon Operation
Sec. 18. (a) When a license is revoked, the licensee shall terminate in the manner prescribed by the director all arrangements covering the grain in the facility covered by the license, but shall be permitted, under the direction and supervision of the director or the director’s designated representative, to deliver grain previously received. (b) During […]
26-3-7-33. Examination of Warehouse; Fee; Expenses
Sec. 33. In addition to all other inspections and investigations authorized by this chapter, the director or the director’s designated representative may, upon request of any person having an interest in grain in a licensed warehouse, cause the warehouse to be examined. The director or the director’s representative may check the outstanding receipts and tickets […]
26-3-7-19. Receipt of Grain; Ownership of Deposited Grain
Sec. 19. (a) A licensee shall issue a receipt or ticket for grain received. Grain received by a licensee shall be credited to the depositor on the books of the licensee within seven (7) days from the date of its delivery. If a ticket is issued on delivery of the grain for storage, a receipt […]
26-3-7-34. Violations
Sec. 34. (a) A person who knowingly or intentionally violates or fails to comply with this chapter commits a Class A misdemeanor. Each day a person violates this chapter constitutes a separate violation. (b) A person who knowingly or intentionally issues a receipt or ticket, knowing that the grain for which the receipt or ticket […]
26-3-7-20. Grain Owned by Licensee; Receipts; Transfer
Sec. 20. A licensee may issue a receipt for grain owned by the licensee in whole or in part, located in the licensee’s facility. The negotiation, transfer, sale, or pledge of the receipt shall not be defeated by reason of the licensee’s ownership. Formerly: Acts 1973, P.L.268, SEC.1. As amended by P.L.3-1989, SEC.150; P.L.125-1997, SEC.42.
26-3-7-35. Grain Buyer License Required
Sec. 35. A person licensed under the warehouse act must also have a valid grain buyer license to do business in Indiana as a grain buyer. Formerly: Acts 1973, P.L.268, SEC.1. As amended by P.L.191-1991, SEC.13; P.L.125-1997, SEC.55.
26-3-7-12. Insurance; Filing of Certificate; Settlement With Depositor in Case of Destruction
Sec. 12. (a) Each applicant for a license under this chapter shall, as a condition to the granting of the license, file or have on file a certificate of insurance evidencing an effective policy of insurance issued by an insurance company authorized to do business in Indiana insuring in the name of the applicant all […]
26-3-7-13. Additional Bond, Cash Deposit, Letter of Credit, or Insurance
Sec. 13. Whenever the director determines that a previously approved bond, letter of credit, cash deposit, or previously approved insurance is insufficient, the director shall require an additional bond, letter of credit, cash deposit, or insurance to be given by the licensee in the form and upon the terms and conditions required by this chapter […]