Arkansas Code Title 2, Subtitle 2, Chapter 17, Subchapter 2 - Public Warehouses -- Generally

• § 2-17-201 - Title.
  This subchapter shall be known as the "Arkansas Public Grain Warehouse Law".
• § 2-17-202 - Definitions.
  As used in this subchapter, unless the context otherwise requires: (1) "Person" means individuals, corporations, partnerships, and all associations of two (2) or more...
• § 2-17-203 - Applicability.
  (a) The provisions of this subchapter shall apply to all public grain warehouses and to the operations of public grain warehouses whether or not...
• § 2-17-204 - Penalties.
  (a) Any person who issues a warehouse receipt for grain without holding a valid public grain warehouse license or who commits any willful violation...
• § 2-17-205 - Duty to Enforce.
  The State Plant Board shall carry out and enforce the provisions of this subchapter and is empowered to: (1) Promulgate rules and regulations; (2)...
• § 2-17-206 - State License.
  (a) No person shall operate a public grain warehouse or issue a warehouse receipt without first having obtained a license pursuant to this subchapter,...
• § 2-17-207 - License Applications.
  (a) (1) Applications for licenses under this subchapter are to be made on forms prescribed by the Public Grain Warehouse Commissioner for each warehouse....
• § 2-17-208 - Filing Schedule of Charges.
  (a) (1) Prior to the issuance of a license under this subchapter, the public grain warehouseman shall file a copy of his or her...
• § 2-17-209 - Bond Requirements.
  (a) (1) (A) (i) Before any license is issued to any warehouseman, the warehouseman shall file with the Public Grain Warehouse Commissioner a surety...
• § 2-17-210 - Amount of Bond.
  (a) (1) The amount of bond to be furnished for each public grain warehouse shall be fixed at a rate of: (A) Twenty cents...
• § 2-17-211 - Issuance or Denial of License.
  (a) Upon satisfaction of the requirements of this subchapter and any applicable regulations by an applicant, the Public Grain Warehouse Commissioner shall issue a...
• § 2-17-212 - Posting of License.
  Immediately upon receipt of his or her license or of any modification or extension thereof, the public grain warehouseman shall post it and thereafter...
• § 2-17-213 - Annual License Fee.
  Subsequent to the issuance of an initial license under this subchapter, every applicant shall pay an annual license fee based upon the capacity of...
• § 2-17-214 - Renewal of License.
  (a) If a public grain warehouseman desires to renew his or her license for an additional year, application for the renewal shall be made...
• § 2-17-215 - Suspension, Cancellation, or Revocation of Licenses.
  (a) If a public grain warehouseman is convicted of any crime involving fraud or deceit or if the Public Grain Warehouse Commissioner determines that...
• § 2-17-216 - Replacement of License.
  Upon satisfactory proof of the loss or destruction of a license issued to a public grain warehouseman, a duplicate or a new license may...
• § 2-17-217 - Net Assets Required.
  (a) (1) Above all exemptions and liabilities, each public grain warehouseman shall have and maintain total net assets available for the payment of any...
• § 2-17-218 - Insurance Required.
  (a) (1) (A) At all times, every public grain warehouseman shall keep the grain stored in the public grain warehouse insured by an insurance...
• § 2-17-219 - Receipt of Tendered Grain.
  (a) (1) Every public grain warehouseman shall receive for storage or shipment, so far as the available capacity for storage of the public grain...
• § 2-17-220 - Receipts and Records.
  (a) (1) Receipts must be issued for all grain stored in a warehouse in accordance with regulations adopted under this subchapter. (2) Receipts need...
• § 2-17-221 - Contents of Receipts.
  (a) Every receipt issued for grain stored in a public grain warehouse shall conform to the requirements of § 4-7-202 and in addition shall...
• § 2-17-222 - Preparation of Forms for Warehouse Receipts.
  (a) The Public Grain Warehouse Commissioner shall prescribe the form of all warehouse receipts, and no other character or form of warehouse receipt shall...
• § 2-17-223 - Numbering of Receipts.
  All warehouse receipts issued by a public grain warehouse shall be numbered consecutively. No two (2) receipts bearing the same number shall be issued...
• § 2-17-224 - Copy of Receipts.
  At least one (1) copy of all receipts shall be made. All copies shall have clearly and conspicuously printed or stamped on them the...
• § 2-17-225 - Accuracy of Receipts.
  No warehouse receipt shall be issued except upon actual delivery of grain into storage in the warehouse from which it purports to be issued,...
• § 2-17-226 - Duty of Warehouseman to Deliver Grain.
  (a) (1) It shall be the duty of the public grain warehouseman to deliver grain to the holder of a warehouse receipt within ten...
• § 2-17-227 - Partial Delivery.
  If a warehouseman delivers only a part of a lot of grain for which he or she has issued a negotiable receipt under this...
• § 2-17-228 - Return of Receipt.
  (a) Except as permitted by law or by the regulations in this subchapter, a warehouseman shall not deliver grain for which he or she...
• § 2-17-229 - Verification of Signature.
  (a) Each person to whom a nonnegotiable receipt is issued shall furnish the warehouseman with a statement in writing, indicating the person having power...
• § 2-17-230 - Sale or Pledge of Receipts.
  A public grain warehouseman may make a valid sale or pledge of any warehouse receipts issued for grain of which the warehouseman is the...
• § 2-17-231 - Accepting Grain for Shipment.
  (a) If grain is offered for storage in any licensed public grain warehouse and the public grain warehouseman does not have storage space to...
• § 2-17-232 - Grain Inspector.
  During all regular business hours, each public grain warehouse shall employ a grain inspector, who may be the public grain warehouseman himself or herself...
• § 2-17-233 - Duty to Maintain Quality of Grain.
  (a) It shall be the public grain warehouseman's duty and obligation to condition and maintain the quantity and quality of all grain as receipted.(b)...
• § 2-17-234 - Records to Be Maintained.
  (a) Every public grain warehouseman shall keep, in a place of safety, complete, separate, and correct records and accounts pertaining to the public grain...
• § 2-17-235 - Examinations and Inspections.
  (a) (1) (A) Every public grain warehouse shall be examined by the Public Grain Warehouse Commissioner, each year. (B) The cost of the examination...
• § 2-17-236 - Insolvent Warehouses.
  (a) If it shall be discovered that any public grain warehouse is insolvent or that its continuance in business will seriously jeopardize the interest...
• § 2-17-237 - Discontinuance of Business.
  (a) Any person operating a public grain warehouse who desires to discontinue the operation at the expiration of his or her license or whose...
• § 2-17-238 - Disposition of Revenues.
  All revenues collected under the provisions of this subchapter by the State Plant Board shall be deposited into the Plant Board Fund to be...

Last modified: November 15, 2016