88-535 – Scale ticket; issuance; prima facie evidence.
88-535. Scale ticket; issuance; prima facie evidence. Each warehouse licensee shall, at the time of the delivery of grain to or the shipment of grain from a warehouse, issue a lawful scale ticket to the owner or consignee of such grain, except when the delivery or shipment is by rail or water. The scale tickets […]
88-536 – Receipts; issuance; requirements; commission; powers and duties; registration.
88-536. Receipts; issuance; requirements; commission; powers and duties; registration. (1) Within fifteen days after demand by the owner or deliverer of any grain to a warehouse for storage, the warehouse licensee shall issue a lawful negotiable or nonnegotiable receipt to such owner or deliverer of such grain. The receipt shall state the date of delivery, […]
88-537 – Duplicate receipt; issuance; requirements; liability.
88-537. Duplicate receipt; issuance; requirements; liability. When a negotiable warehouse receipt has been lost or destroyed, the commission may approve the delivery of the grain or the issuance of a duplicate receipt upon satisfactory proof of such loss or destruction if the party who requests it furnishes a bond with corporate or personal surety, to […]
88-529 – License fees.
88-529. License fees. The commission shall charge an annual license fee for each warehouse to be operated, except as provided in section 88-531. The fee for any license issued for less than twelve months shall be prorated based on its duration. The annual license fee shall be as provided in this section. Capacity in Bushels […]
88-530 – Financial requirements; security; requirements; liability of surety.
88-530. Financial requirements; security; requirements; liability of surety. Each applicant shall show sufficient net worth or stockholders’ equity to conform with the financial requirements which the commission shall establish by the adoption and promulgation of rules and regulations. Applicants shall file with the commission security in the form of a bond, a certificate of deposit, […]
88-530.01 – Commission; additional financial documents required; when.
88-530.01. Commission; additional financial documents required; when. In addition to the reviewed fiscal year-end financial statement required by section 88-528 and to detect noncompliance with financial requirements established by the commission pursuant to section 88-530, the commission shall, for good cause shown as determined by criteria set forth in commission rules and regulations, require (1) […]
88-531 – License; multiple warehouses; license fee; how computed.
88-531. License; multiple warehouses; license fee; how computed. Only one license may be required for the operation of all warehouses operated by one warehouse licensee if: (1) Only one set of books is kept for the warehouses; (2) Cost slips, scale tickets, warehouse receipts, and checks are issued in one series for grain received or […]
88-532 – License; issuance; expiration; renewal; posting requirements.
88-532. License; issuance; expiration; renewal; posting requirements. Upon payment of the license fee and approval by the commission of the application and the bond, certificate of deposit, irrevocable letter of credit, or other security described in section 88-530, the license shall be issued. A new or renewed license shall expire twelve calendar months after the […]
88-533 – Increase in storage capacity; requirements; fees.
88-533. Increase in storage capacity; requirements; fees. No warehouse licensee shall increase storage capacity without first obtaining the approval of the commission and effecting such revisions in its security as may be required by the commission. Additional fees may be imposed for increases in storage capacity or for any other changes in the license in […]
88-502.02 – Transferred to section 88-552.
88-502.02. Transferred to section 88-552.