(a)
(1) Receipts must be issued for all grain stored in a warehouse in accordance with rules adopted under this subchapter.
(2) Receipts need not be issued against nonstorage grain, but each warehouseman shall keep accurate records of the weights, kinds, and grades, if graded, of all lots of nonstorage grain received into and delivered from his or her warehouse.
(b) Whenever the purpose for which any lot of nonstorage grain was received into a warehouse is changed so that its approximate delivery period from the warehouse becomes indeterminate, receipts shall be issued to cover the grain.
(c) Records required under this section with respect to nonstorage grain shall be retained, as a part of the records of the warehouse, for a period of one (1) year after December 31 of the year in which the lot of nonstorage grain is delivered from the warehouse.
Structure Arkansas Code
Chapter 17 - Warehousing of Grain
Subchapter 2 - Public Warehouses — Generally
§ 2-17-207. License applications
§ 2-17-208. Filing schedule of charges
§ 2-17-211. Issuance or denial of license
§ 2-17-212. Posting of license
§ 2-17-213. Annual license fee
§ 2-17-214. Renewal of license
§ 2-17-215. Suspension, cancellation, or revocation of licenses
§ 2-17-216. Replacement of license
§ 2-17-217. Net assets required
§ 2-17-218. Insurance required
§ 2-17-219. Receipt of tendered grain
§ 2-17-220. Receipts and records
§ 2-17-221. Contents of receipts
§ 2-17-222. Preparation of forms for warehouse receipts
§ 2-17-223. Numbering of receipts
§ 2-17-225. Accuracy of receipts
§ 2-17-226. Duty of warehouseman to deliver grain
§ 2-17-229. Verification of signature
§ 2-17-230. Sale or pledge of receipts
§ 2-17-231. Accepting grain for shipment
§ 2-17-233. Duty to maintain quality of grain
§ 2-17-234. Records to be maintained
§ 2-17-235. Examinations and inspections
§ 2-17-236. Insolvent warehouses