75-44-67 - Notice by warehouseman to grain owners of discontinuance of operations or of suspension, revocation or cancellation of license.
§ 75-44-67. Notice by warehouseman to grain owners of discontinuance of operations or of suspension, revocation or cancellation of license.
Any person operating a grain warehouse who desires to discontinue such operation at the expiration of his license or whose license is suspended, revoked or cancelled by the commissioner or his designated representative shall notify the commissioner and all holders of warehouse receipts and all parties storing grain in the grain warehouse, if known, or if not known, by advertising in the newspaper or newspapers of largest general circulation in the community in which the grain warehouse is located once per week for three (3) consecutive weeks, at least thirty (30) days prior to the date of expiration of his license, of his intention to discontinue the grain warehouse business, and the owners of the grain shall remove, or cause to be removed, their grain from such grain warehouse before the expiration of the license.
Sources: Laws, 1977, ch. 409, § 34; Laws, 1981 ch. 354, § 29, eff from and after July 1, 1981.