N.D. Admin. Code 7-18-01-02
All nontransit grain owned or held by a warehouse licensee under North Dakota Century Code chapter 60-02 must be held in a licensed and bonded warehouse, either within or outside the state. If grain is held in space that is not licensed capacity by the licensee under North Dakota Century Code chapter 60-02, a warehouse document issued for that grain must identify the originating warehouse as the receiptholder. If grain held subject to a warehouse receipt is stored in a warehouse that is not licensed under North Dakota Century Code chapter 60-02, the originating warehouse shall increase its bond to provide protection for that grain as well as its own licensed warehouse space.
Daily position records must include inventories held under nonnegotiable warehouse receipts issued by another licensed warehouse.
N.D. Admin Code 7-18-01-02
General Authority: NDCC 60-02-03
Law Implemented: NDDC 60-02-07.1