Section 240 ILCS 40/1-25 - Rules(a) The Department shall adopt rules governing electronic systems under which electronic warehouse receipts are issued and transferred. Licensees shall not be required, however, to issue or use electronic warehouse receipts. These rules shall be adopted after the United States Department of Agriculture adopts regulations concerning an electronic receipt transfer system pursuant to 7 U.S.C. 242, 250. (b) The Department shall adopt rules governing electronic price later contracts. Licensees and producers shall not be required, however, to issue or use electronic price later contracts. Amended by P.A. 096-0464,§ 5, eff. 8/14/2009.Amended by P.A. 093-0225, § 5, eff. 7/21/2003.P.A. 89-287, eff. 1-1-96.