49-43-5.8 Possession of warehouse by commission--Notification of surety.
Possession of warehouse by commission--Notification of surety.
commission becomes aware of any act by any warehouse operator as described in § 49-43-5.6, the
Take immediate possession of the warehouse facility, and undertake an immediate audit
and verify the names and addresses of all outstanding warehouse receipt holders and scale
ticket holders as revealed by the audit, and audit and certify the quantity and class or
classes of grain therein;
Immediately notify the surety named in both the warehouse's and grain buyer's bonds, if
any, held by the warehouse.
SL 1987, ch 355, § 4a; SL 2008, ch 249, § 14.