80-4-521. Duties of warehouse operator -- content of records. (1) Each warehouse operator shall maintain in a safe place current and complete records at all times with respect to all agricultural commodities stored, conditioned, handled, or shipped by the operator, including agricultural commodities owned by the operator. The records must include but are not limited to a daily position record, showing the total quantity of each kind and class of agricultural commodity received and loaded out and the amount remaining in storage at the close of each business day and the warehouse operator's total storage obligations for each kind and class of agricultural commodity at the close of each business day.
(2) Each warehouse operator purchasing any agricultural commodity from a depositor shall promptly make and keep for 5 years a correct record showing in detail the following information:
(a) the name and address of the depositor;
(b) the date purchased;
(c) the terms of the sale; and
(d) the quality and quantity purchased by the warehouse operator and, when applicable, the dockage, tare, grade, size, and net weight.
History: En. Sec. 28, Ch. 539, L. 1983; amd. Sec. 20, Ch. 452, L. 1993; amd. Sec. 2581, Ch. 56, L. 2009.
Structure Montana Code Annotated
Chapter 4. Agricultural Commodities
Part 5. Agricultural Commodity Warehouse Operators
80-4-501. License necessary to operate public warehouse
80-4-502. Licenses to warehouse operator -- issuance -- renewal -- conditions precedent
80-4-504. Bond of applicant for license -- additional bond -- additional obligations
80-4-505. Amount of bond -- cancellation
80-4-507. through 80-4-520 reserved
80-4-521. Duties of warehouse operator -- content of records
80-4-522. Schedule of charges -- posting
80-4-523. Required receipt of agricultural commodities according to capacity
80-4-524. Discrimination in charge by warehouse operator prohibited
80-4-525. Scale weight tickets -- form -- issuance
80-4-526. Warehouse receipts -- written terms
80-4-527. Warehouse receipt -- issuance -- cancellation
80-4-528. Penalty for unlawful issue of warehouse receipts
80-4-530. Shipment of stored grain to terminal grain warehouse outside state
80-4-532. Delivery of grain from different warehouse
80-4-533. Loss of receipts -- conditions of reissue
80-4-534. Cancellation of insurance -- suspension of license
80-4-537. Examination of stored agricultural commodities