Section 2-1-2-10-120.02 - Records of Transaction1. The warehouseman shall maintain at each licensed warehouse facility current and complete records with respect to all agricultural commodities delivered to, withdrawn from, and received, stored, or processed by, the warehouseman for each such licensed warehouse facility. Such records shall include but not be limited to the following:a. A perpetual inventory showing the total quantity of each kind and class of grain received and loaded out and the quantity of each kind and class of grain remaining in the warehouse and the total storage obligations for each kind and class of grain. This record shall be kept current as of the close of each business day, provided that if no transaction takes place during a business day a record showing the actual status as to quantity and storage obligations as of the close of the next preceding business day during which recordable transactions occurred shall be deemed to be current.b. A rail and/or truck ledger.c. Prenumbered warehouse receipts.d. Prenumbered scale tickets.e. Prenumbered grain bank contracts.f. A current copy of the periodic insurance report submitted to the insurer.g. If all issued warehouse receipts and scale tickets do not recite the name and complete address of the owner or owners of stored grain, a current and complete list of the name and complete address of the owner or owners of said grain.2. On or before the tenth (10th) day of each month, the warehouseman shall send to the Commissioner copies of the following: a. The perpetual inventory for the last business day of the preceding month.b. The monthly report to the warehouseman's insurance carrier.c. A periodic statement on a form prescribed by the Commissioner, which may include but is not limited to a schedule of all warehouse receipts issued or cancelled by the warehouseman, prepared as of close of business at the end of that period if such is required by the Commissioner. If required, a statement must be filed for a calendar month regardless of whether or not the warehouseman has commodities in storage.2 Miss. Code. R. 1-2-10-120.02
Miss. Code Ann. § 75-44-7.