203C.16 - LICENSE REQUIRED FOR THE STORAGE OF BULK GRAIN.
203C.16 LICENSE REQUIRED FOR THE STORAGE OF BULK
GRAIN.
A person other than a licensed warehouse operator shall not place
in storage or accept for storage any bulk grain. A person shall not
place bulk grain in storage in a warehouse other than a licensed
warehouse. This section shall not apply to any of the following:
1. The acceptance and storage of bulk grain by a person bonded
and licensed under the provisions of a federal law, to the extent
that the person is authorized under federal law to accept and store
bulk grain. However, the person shall comply with all other
provisions of this chapter which do not conflict with such federal
law.
2. The storage of bulk grain by a person who owns all the stored
bulk grain.
3. The storage of bulk grain by more than one person, if all of
the following apply:
a. The bulk grain was jointly produced by all persons storing
the grain. As used in this subsection, "jointly produced"
includes but is not limited to grain owned by a landlord who receives
a share of agricultural products as rent.
b. The bulk grain is stored on the property owned or leased
by one of the persons jointly producing the grain.
c. No person other than persons jointly producing the grain
owns the stored bulk grain. Section History: Early Form
[C24, 27, 31, § 9722, 9724; C35, § 9751-g2; C39, § 9751.02;
C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, § 543.16] Section History: Recent Form
C93, § 203C.16
94 Acts, ch 1113, §1