(1) It shall be the responsibility of those public grain warehouses dealing in deferred pricing or deferred payment contracts to draw up an agreement in writing which shall contain a statement informing the seller that the seller is relinquishing all rights to the grain.
(2) The Public Grain Warehouse Commissioner may require any additional information from a warehouseman that is deemed necessary to protect the interest of the seller of grain in these transactions.
(b) All contracts shall be prenumbered with no duplication of numbers.
(c) The commissioner or his or her representative shall prescribe or approve the kind of form that will be used by those public grain warehouses offering deferred pricing or payment contracts.