Okla. Admin. Code § 35:10-7-5

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

Section 35:10-7-5 - Approval of emergency space

Emergency space is defined as space not meeting the standards requirements for "conventional" or "temporary" space, but may be approved when meeting minimum requirements listed below.

(1) Shall be operated in conjunction with an existing charter and warehouseman shall make application for approval to charter.

(2) Space shall be approved prior to utilization.

(3) Shall meet inspection, security, net worth, bonding, and insurance requirements.

(4) Space shall be under control of warehouseman.

(5) Warehouseman shall agree in writing to empty emergency storage space by March 1 of the year following issuance with no provision for extension. The Board may accelerate this date.

(6) Emergency space shall not exceed an amount equal to the existing chartered storage capacity or net worth requirements.

(7) Mobile units may be approved on a case-by-case basis. If approved, the units shall remain in place where located at the time of approval.

(8) Ground piles shall have a base with proper drainage and secured to preclude intrusion of large animals, pets, or persons.

(9) Warehouseman shall have adequate handling, shipping, and conditioning equipment.

(10) Warehouseman shall maintain a separate record of total commodities stored in emergency storage space in addition to accounting for the commodities in the daily position record.

(11) Warehouseman shall sign a memorandum of understanding as to use of emergency space.

Okla. Admin. Code § 35:10-7-5

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