Ind. Admin. Code tit. 824, r. 2-12-1
Authority: IC 26-3-7-3
Affected: IC 26-3-7-29
Sec. 1. (a) Except as provided in Rule 10, Section 4 [824 IAC 2-10-4], a licensee shall not directly or indirectly:
(b) In determining whether undue or unreasonable preference or preparation is being given, the practices of the licensee shall be considered in view of his historical storage and charging practices.
(c) Nothing contained in subsection (a) shall allow or require a licensee to change, alter, or impair a written contractual obligation with an existing or potential depositor entered into by the licensee in good faith and not for the purpose of circumvention of the Act or these rules.
(Indiana Grain Buyers and Warehouse Licensing Agency; 824 IAC 2-12-1; filed Jan 19, 2001, 3:04 p.m.: 24 IR 1662; readopted filed Nov 16, 2007, 2:00 p.m.: 20071212-IR-824070667RFA; readopted filed Nov 27, 2013, 1:30 p.m.: 20131225-IR-824130492RFA; readopted filed Nov 1, 2019, 10:20 a.m.: 20191127-IR-824190178RFA; readopted filed Nov 13, 2025, 2:21 p.m.: 20251210-IR-824240636RFA)