As used in this part:

1. (1) “Stored grain” means any grain received into a public grain warehouse which has not been purchased or on which the term for a bona fide sale has not been fixed;
2. (2) “Nonstored grain” means grain received into a public grain warehouse for transferring, conditioning, assembling for shipment, or lots of grain moving through a public grain warehouse for current merchandising or milling use against which no receipts are issued and no consideration for storage is assessed;
3. (3) “Depositor” means a person making, or who has made, delivery of grain to a public grain warehouse licensed under Acts 1979, No. 83, for storage, marketing, handling, shipping, or who holds a warehouse receipt, contract, or other document of such delivery; and
4. (4) “Bona fide sale” means grain that has been purchased through actual payment or grain purchase contracts which were executed in accordance with 2 CAR § 29-107.