(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 […]
(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.
(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 […]
(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 […]
(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 […]
The Department shall publish annually a Directory of Grain Dealers.
The Secretary may refuse to issue a license or may suspend or revoke a license for: (1) Fraudulent or deceptive statements on an application for a license; (2) Failure to comply with any of the provisions of this subtitle or the rules or regulations adopted pursuant to it; or (3) Failure to maintain adequate insurance on all grain […]
(a) Before any license is suspended or revoked, the Secretary shall give the licensee at least 10 days’ written notice of the decision to suspend or revoke the license. (b) Any person aggrieved by a decision made under this section may seek review of that decision under Title 2, Subtitle 4 of this article.
The grain dealer’s license shall be posted in a conspicuous place in the place of business.
(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 […]
(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 […]
The Secretary may adopt rules to implement the provisions of this subtitle.
Any person who violates the provisions of this subtitle is guilty of a misdemeanor and upon conviction is subject to a fine of $10,000.
The Attorney General may seek an injunction to prohibit a person who has engaged or is engaging in a violation of this subtitle from continuing or engaging in the violation.
(a) Instead of or in addition to suspension or revocation of a license under this subtitle, the Secretary may impose a civil penalty of not more than $5,000. (b) A penalty collected by the Secretary under this section shall be paid into the Administration Fund as provided by § 13-205 of this subtitle. (c) The Secretary shall adopt […]
