Section 411.519 – Insufficient inventory, procedure to correct — insolvency, director may modify, suspend or revoke license or request order to be named trustee, procedure, order — warehouseman may appeal, how.
Effective – 02 Apr 1997 411.519. Insufficient inventory, procedure to correct — insolvency, director may modify, suspend or revoke license or request order to be named trustee, procedure, order — warehouseman may appeal, how. — 1. Whenever it appears to the satisfaction of the director that a warehouseman does not have in his inventory sufficient […]
Section 411.520 – Misfeasance or malfeasance — accepting money — improper influence — penalty.
Effective – 28 Aug 1980 411.520. Misfeasance or malfeasance — accepting money — improper influence — penalty. — Any duly authorized officer or employee appointed under the provisions of this chapter who shall be guilty of neglect of duty, or who shall knowingly or carelessly inspect, grade, test, or weigh any grain improperly, or who […]
Section 411.523 – Warehouseman liable for conversion, when.
Effective – 28 Aug 1965 411.523. Warehouseman liable for conversion, when. — Where a warehouseman delivers the grain to one who is not in fact lawfully entitled to the possession of it, the warehouseman shall be liable as for conversion to all having a right of property or possession in the grain if he delivered […]
Section 411.531 – Failure to take up and cancel receipt — warehouseman liable — when.
Effective – 28 Aug 1965 411.531. Failure to take up and cancel receipt — warehouseman liable — when. — Except as provided, where a warehouseman delivers grain for which he had issued a negotiable receipt, the negotiation of which would transfer the right to the possession of the grain, and fails to take up and […]
Section 411.541 – Failure to mark receipt upon delivery of part of grain — warehouseman liable — when.
Effective – 28 Aug 1965 411.541. Failure to mark receipt upon delivery of part of grain — warehouseman liable — when. — Except as provided, when a warehouseman delivers in whole or in part the grain for which he had issued a negotiable receipt and fails either to take up and cancel the receipt, or […]
Section 411.551 – Alteration of receipt — effect of.
Effective – 28 Aug 1965 411.551. Alteration of receipt — effect of. — The alteration of a receipt shall not excuse the warehouseman who issued it from any liability if the alteration was: (1) Immaterial; (2) Authorized; or (3) Made without fraudulent intent. If the alteration was authorized, the warehouseman shall be liable according to […]
Section 411.561 – Receipt marked “duplicate” — meaning of.
Effective – 28 Aug 1965 411.561. Receipt marked “duplicate” — meaning of. — A receipt upon the face of which the word “duplicate” is plainly placed is a representation and warranty by the warehouseman that the receipt is an accurate copy of an original receipt properly issued and uncancelled at the date of issue of […]
Section 411.571 – Transferor of receipt to endorse.
Effective – 28 Aug 1965 411.571. Transferor of receipt to endorse. — Where a negotiable receipt is transferred for value by delivery, and the endorsement of the transferor is essential for negotiation, the transferee acquires a right against the transferor to compel him to endorse the receipt unless a contrary intention appears. The negotiation shall […]
Section 411.517 – Records required to be kept.
Effective – 01 Jan 2017, 2 histories 411.517. Records required to be kept. — 1. The warehouseman shall maintain in a place of safety at each licensed warehouse facility current and complete records with respect to all grain delivered to, withdrawn from and received, stored or processed at that warehouse. The director may allow the […]
Section 411.518 – Scale tickets — required, contents, constitute nonnegotiable receipts, evidence of holder’s claim to grain — custom weighing defined.
Effective – 02 Apr 1997 411.518. Scale tickets — required, contents, constitute nonnegotiable receipts, evidence of holder’s claim to grain — custom weighing defined. — 1. A scale ticket, or other document approved by the director, shall be made out and filed for each movement of grain in or out of any grain warehouse licensed […]