824 Ind. Admin. Code 2-14-2

Current through September 4, 2024
Section 824 IAC 2-14-2 - Printing of warehouse receipts

Authority: IC 26-3-7-3

Affected: IC 26-3-2; IC 26-3-4; IC 26-3-7

Sec. 2.

(a) The agency shall authorize persons to print warehouse receipts if they are printed in accordance with the Act and the rules of this section. Each printer wishing to qualify with the director shall:
(1) have on file with the director a bond;
(2) accept orders only from the agency;
(3) print receipts only for licensees;
(4) agree by written contract with the director to faithfully follow the procedures and observe all safeguards required by the director;
(5) keep accurate and permanent records;
(6) provide the director with an affidavit, on a form acceptable to the director, showing:
(A) all orders for receipts with the name of the licensee placing the order;
(B) the number of receipts printed;
(C) the consecutive numbers; and
(D) the date each order was sent.
(b) All warehouse receipts shall be numbered consecutively either at the time of printing or through the control of a computer generated system. Each paper receipt shall contain the following parts:
(1) The original printed on green safety paper.
(2) The first copy printed on white paper.
(3) The second copy printed on yellow paper.
(4) The third copy printed on pink paper.

824 IAC 2-14-2

Indiana Grain Buyers and Warehouse Licensing Agency; 824 IAC 2-14-2; 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 November 27, 2013, 1:30 p.m.: 20131225-IR-824130492RFA
Readopted filed 11/1/2019, 10:20 a.m.: 20191127-IR-824190178RFA