Okla. Admin. Code § 35:10-7-13

Current through Vol. 42, No. 4, November 1, 2024

Section 35:10-7-13 - Prepositioning of commodities and storage considerations

(a) Any warehouseman prior to prepositioning of any commodity, shall make written request, giving reason for prepositioning, estimated time to be out of position, and warehouse receiving the commodity to be moved. Prepositioned commodities shall be handled by the examiners in the same manner as forwarded commodities. Warehousemen shall not issue warehouse receipts in excess of their chartered capacity.

(b) Grain deposited in a chartered warehouse for processing and which is commonly referred to as "grain bank" grain, shall be considered to be the same as storage grain and subject to the same rules as storage grain.

(c) Commodities stored in unchartered storage for any reason other than as specified in the Public Warehouse and Commodity Indemnity Act, shall not be considered as commodities in store.

Okla. Admin. Code § 35:10-7-13

Amended at 14 Ok Reg 3699, eff 8-7-97 (emergency); Amended at 15 Ok Reg 2490, eff 6-25-98; Amended at 18 Ok Reg 1439, eff 5-25-01