Statutes, codes, and regulations
Mississippi Administrative Code
Title 2 - Agriculture and CommercePart 1 - Rules of the Mississippi Department of Agriculture and CommerceSubpart 2 - Administrative RulesChapter 09 - Grain Dealers
Right of Examination, and Required Records
Section 2-1-2-09-105.05

2 Miss. Code. R. 1-2-09-105.05

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Current through December 10, 2024
Section 2-1-2-09-105.05

To retain his license, a grain dealer must maintain a liquid position throughout the year. There shall be no evidence of post-dated checks, checks returned by a bank due to nonsufficient funds, or that a producer has been asked not to cash a grain dealer's check until a specified date. Any evidence that indicates a non-liquid position shall be grounds for the suspension or revocation of the grain dealer's license.

2 Miss. Code. R. 1-2-09-105.05