US Lawyer Database

Section 13-211 – Insurance

    (a)    Each person licensed under the provisions of this subtitle shall insure and at all times keep insured, in his own name or as a coinsurer, all of the grain in the actual, physical control of the licensee.     (b)    The amount of the insurance shall be the fair market value of the grain.     (c)    The insurance shall include […]

Section 13-212 – Financial Statement and Bond

    (a)    A license may not be issued or renewed under this subtitle until the applicant has:         (1)    (i)    Filed with the Secretary a financial statement, as provided in subsection (b) of this section, establishing the net worth of the applicant’s grain business; or             (ii)    Posted a surety bond, irrevocable letter of credit, or cash guaranty at least as large […]

Section 12-101 – Penalty for First Offense

    Any person who violates any provision of this article is guilty of a misdemeanor. Unless another penalty specifically is provided elsewhere in this article, the person, upon conviction, is subject to a fine not exceeding $500, or imprisonment not exceeding three months, or both, with costs imposed in the discretion of the court.

Section 12-102 – Penalty for Second or Subsequent Offense

    Unless another penalty specifically is provided elsewhere in this article, any person found guilty of a second or subsequent violation of any provision of the same title, is subject to a fine not exceeding $1,000, or imprisonment not exceeding one year, or both, with costs imposed in the discretion of the court. For the purposes […]

Section 12-103 – Violation of Rule or Regulation

    In addition to any administrative penalty provided in this article, violation of any rule or regulation adopted by the Secretary pursuant to the provisions of this article is a misdemeanor and is punishable as provided in §§ 12–101 and 12–102 of this subtitle.

Section 12-104 – Exception to Title

    This title does not apply to a violation of:         (1)    Title 1, Subtitle 3 of this article;         (2)    Title 2, Subtitle 17 of this article; and         (3)    Title 5, Subtitle 2A of this article.

Section 13-201 – Definitions

    (a)    In this subtitle the following words have the meanings indicated.     (b)    “Fair market value” means the value established by a contract or by the Department for a loss of grain at the time of the loss.     (c)    “Grain” means:         (1)    Corn;         (2)    Wheat;         (3)    Rye;         (4)    Oats;         (5)    Barley;         (6)    Sorghum;         (7)    Soybeans; and         (8)    Sunflowers.     (d)    (1)    “Grain dealer” means a person who is in the […]