Warehouse & Storage Strategies
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Public warehouseman
Scale Tickets
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A uniform scale ticket must be issued for every load of grain received.
• All scale tickets must be converted into cash, noncredit-sale contracts, credit-sale
contracts or warehouse receipts within 45 days of grain being delivered to the
warehouse.
Exception for conversion - if the person to whom a scale ticket is issued signs a form waiving all rights to trust benefits in event of
insolvency. The form must identify each scale ticket to which the waiver applies and must also be signed by warehouseman. A copy
of the waiver must be kept with elevator records, a copy provided to the person who was issued the scale ticket and one copy
must be filed with the Commissioner.
NOT REQUIRED TO RECEIVE GRAIN FOR STORAGE - must publish and post a
publication identifying whether storage is available or whether grain will be accepted
via cash or credit-sale contract arrangement.
A grain buyer shall issue a uniform scale ticket or comparable receipt for each load
of grain received.
DAKOTA
NORTH
DEPARTMENT OF
AGRICULTUView entire presentation