S.D. Admin. R. 20:10:11:12

Current through Register Vol. 51, page 67, December 16, 2024
Section 20:10:11:12 - Issuance of warehouse receipts and scale tickets

Any warehouse receipts issued by a public grain warehouse licensee shall be numbered consecutively. Receipts bearing the same number may not be issued by the same public grain warehouse during any one year. When issuing warehouse receipts, the original receipt shall be given to the owner of grain deposited for storage, and at least one copy of the receipt shall be retained by the public grain warehouse licensee as a part of its records. Upon receipt of grain, each public grain warehouse licensee shall by conspicuous language indicate in writing on each scale ticket if the grain received is to be stored on a warehouse receipt, placed in open storage, or sold. The grain warehouse licensee shall clearly mark in writing on each scale ticket whether the grain received is to be stored or sold. If no indication is made on the scale ticket at the time of delivery the grain shall be considered placed in open storage. Each scale ticket issued by any public grain warehouse licensee shall also conspicuously bear the following language: This scale ticket is not negotiable.

S.D. Admin. R. 20:10:11:12

12 SDR 85, effective 11/24/1985; 12 SDR 151, 12 SDR 155, effective 7/1/1986; 24 SDR 190, effective 7/15/1998; 35 SDR 48, effective 9/9/2008.

General Authority: SDCL 49-43-4.1(6).

Law Implemented: SDCL 49-43-2.1.