- (a) As required by law, the fee for a new application is one hundred fifty dollars ($150).
(b) Subsequent to the issuance of an initial license under this act, every applicant shall pay an annual license fee based upon the capacity of the warehouse, such fee to be determined by the Public Grain Warehouse Commissioner, but not:
- (1) Less than two hundred fifty dollars ($250); or
- (2) More than eight hundred dollars ($800).
- (c) The fee for the renewal of a license is based on the following schedule:
| CAPACITYIN BUSHELS Range | LICENSE RENEWAL FEES (based on capacity) |
| 1 | 250,000 | $250 |
| 250,001 | 500,000 | $300 |
| 500,001 | 750,000 | $400 |
| 750,001 | 1,000,000 | $500 |
| 1,000,001 | 1,200,000 | $600 |
| 1,200,001 | 1,500,000 | $700 |
| 1,500,001 | and over | $800 |
(d)
- (1) One (1) examination is to be made each year on each licensed grain warehouse the cost of which is included in the application fee.
(2)
- (A) Additional examinations may be made at any time and at the discretion of the commissioner.
- (B) If during the additional examinations a material discrepancy is found, the licensed warehouseman will be required to reimburse the State Plant Board's Public Grain Warehouse Section at the rate of ten dollars ($10.00) per hour for the time required to make additional examinations.