2 Miss. Code. R. 1-2-09-105.03
Current through December 10, 2024
A "price later contract" shall be made out in duplicate on a form approved by the Department. One copy shall be given to the producer and the other copy kept for the grain dealer's files. The statement that the grain is covered by the grain dealer's bond for only 270 days from the date of delivery shall be printed on the contract directly above the place for the producer to sign. To validate the contract, both the producer and the grain dealer shall sign this agreement. This contract must be written and contain a clear agreement between the two parties involved as to how the price will be determined.
2 Miss. Code. R. 1-2-09-105.03