Iowa Admin. Code r. 21-91.24

Current through Register Vol. 47, No. 10, November 13, 2024

Rule 21-91.24 - Electronic grain contract users and user agreements

Prior to engaging in the issuance of electronic grain contracts, a licensee shall enter into a user agreement with a provider approved by the department. All electronic grain contracts issued by the licensee shall be issued through and filed in the provider's electronic central filing system. The use of electronic grain contracts is subject to the provisions of subrules 91.23(1) through 91.23(5).

(1)Licensee to use only one provider. A licensee shall issue electronic grain contracts through only one provider

(2)Changing providers. Subject to the provisions of a user agreement in effect, a licensee may change providers once per year The provider shall follow the transfer terms specified in USDA Form WA-490 and any addenda pursuant to subrule 91.23(1). The licensee shall notify the department of a change in provider

This rule is intended to implement Iowa Code sections 203.2 and 203.17.

Iowa Admin. Code r. 21-91.24

ARC 7553B, lAB 2/11/09, effective 3/18/09