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 […]
Section 13-202 – Administration Fund
(a) There is an Administration Fund which is established for the purpose of: (1) Paying the expenses incurred in the administration of the licensing program provided for in this subtitle; and (2) Preparing the annual Directory of Grain Dealers as required by § 13-206 of this subtitle. (b) The Fund shall be administered by the State Department of Agriculture.
Section 13-203 – Grain Dealer’s Licenses; Fee; Expiration
(a) A person may not be a grain dealer without first obtaining an annual grain dealer’s license from the Secretary. (b) Each license shall be issued upon payment of the applicable fee required by subsection (d) of this section and providing proof of adequate insurance under § 13–212 of this subtitle and shall be effective until December […]
Section 13-204 – Records of Grain Dealers
(a) A grain dealer shall: (1) Keep grain records showing the amount of grain bought, received, exchanged, or stored in the dealer’s grain business; (2) Keep grain records at each place of business or at a central location within the State; (3) Keep grain records for 3 years; and (4) Make grain records available to the Secretary upon request. (b) (1) If […]
Section 13-205 – Disposition of Funds
(a) Money placed in the Administration Fund shall be used as follows: (1) To pay the expenses incurred in the administration of the licensing program provided for in this subtitle; and (2) To prepare the annual Directory of Grain Dealers, as required by § 13-206 of this subtitle. (b) Notwithstanding any other provision of this Code, any unexpended funds […]