Section 824 IAC 2-14-3 - Warehouse receipt contentsAuthority: IC 26-3-7-3
Affected: IC 26-3-2; IC 26-3-4; IC 26-3-7
Sec. 3.
(a) Warehouse receipts shall be numbered consecutively either at the time of printing or through the control of a computer generated system. Every warehouse receipt issued for grain shall contain, at a minimum, the following terms: (1) The name and address of the issuing licensee.(2) The name of the owner or owners of the grain.(3) The date the receipt is issued.(4) The consecutive number of the warehouse receipt.(5) The gross and net weights.(6) The amount or rate of storage, handling, transportation, and processing charges and, if such charges are unpaid, a statement that the licensee claims a lien on the commodity for the amount of such charges.(7) Commodity Credit Corporation (CCC) code number and whether the warehouse receipt will or will not be used as collateral for a CCC loan.(8) The word "NEGOTIABLE" clearly and conspicuously printed or stamped on the original warehouse receipt and "NON-NEGOTIABLE" clearly and conspicuously printed or stamped on the copies of the warehouse receipt.(9) Other supplemental information necessary for the purposes of the Uniform Grain and Rice Storage Agreement with United States Department of Agriculture.(10) Area for other pertinent and useful information.(b) If the warehouse receipt does not recite the address of the owner or owners, the licensee or issuer shall maintain a current and complete list of the names and complete addresses of the owners of the grain to whom a warehouse receipt was issued.Indiana Grain Buyers and Warehouse Licensing Agency; 824 IAC 2-14-3; filed Jan 19, 2001, 3:04 p.m.: 24 IR 1664; readopted filed Nov 16, 2007, 2:00 p.m.: 20071212-IR-824070667RFA; readopted filed November 27, 2013, 1:30 p.m.: 20131225-IR-824130492RFAReadopted filed 11/1/2019, 10:20 a.m.: 20191127-IR-824190178RFA