(B) The director of agriculture shall provide and print on distinctive paper, paper warehouse receipts. If the director considers it necessary, the director may authorize electronic warehouse receipts in accordance with guidelines established in rules adopted under section 926.02 of the Revised Code. Each receipt, paper or electronic, shall contain within its printed terms spaces for at least the following information:

1. (1) The location of the warehouse where the agricultural commodity is stored;
2. (2) The date of issuance of the receipt;
3. (3) The rate of storage charges or the basis for the charges;
4. (4) The net weight, the percentage of dockage or foreign material, and the grade of the commodity;
5. (5) "Negotiable" or "nonnegotiable" according to the nature of the receipt, conspicuously indicated on it;
6. (6) The signature of the licensed handler or the handler's authorized agent;
7. (7) A statement of the amount of advances made or liability incurred for which the handler claims a lien or, if the precise amount of advances made or liabilities incurred at the time of issuance of the receipt is unknown to the handler or to the agent who issues it, a statement of the fact that advances have been made or liabilities incurred;
8. (8) If the receipt is for a commodity that the handler owns, either wholly, jointly, or in common with others, the facts about the ownership;
9. (9) Any other information that the director may require by rule. The director shall cause receipt forms to be distributed to licensed handlers at cost. The revenue from the distribution shall be remitted to the director and credited to the commodity handler regulatory program fund created in division (A) of section 926.19 of the Revised Code in the same manner as other fees collected under that division.