Authority: IC 26-3-7-3
Affected: IC 26-3-2; IC 26-3-4; IC 26-3-7
Sec. 3. (a) Warehouse receipts shall be numbered consecutively either at the time of printing or through the control of a computer generated system. Every warehouse receipt issued for grain shall contain, at a minimum, the following terms:
- (1) The name and address of the issuing licensee.
- (2) The name of the owner or owners of the grain.
- (3) The date the receipt is issued.
- (4) The consecutive number of the warehouse receipt.
- (5) The gross and net weights.
- (6) The amount or rate of storage, handling, transportation, and processing charges and, if such charges are unpaid, a statement that the licensee claims a lien on the commodity for the amount of such charges.
- (7) Commodity Credit Corporation (CCC) code number and whether the warehouse receipt will or will not be used as collateral for a CCC loan.
- (8) The word "NEGOTIABLE" clearly and conspicuously printed or stamped on the original warehouse receipt and "NON- NEGOTIABLE" clearly and conspicuously printed or stamped on the copies of the warehouse receipt.
- (9) Other supplemental information necessary for the purposes of the Uniform Grain and Rice Storage Agreement with United States Department of Agriculture.
- (10) Area for other pertinent and useful information.
(b) If the warehouse receipt does not recite the address of the owner or owners, the licensee or issuer shall maintain a current and complete list of the names and complete addresses of the owners of the grain to whom a warehouse receipt was issued.
(Indiana Grain Buyers and Warehouse Licensing Agency; 824 IAC 2-14-3; filed Jan 19, 2001, 3:04 p.m.: 24 IR 1664; 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)