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203c-23
203C.23 WAREHOUSE OPERATOR'S OBLIGATION.
1. A warehouse operator shall maintain at all times sufficient
quantity and quality of grain or other agricultural products to cover
the warehouse operator's obligation. A warehouse operator shall not
at any time have less grain or other agricultural products in the
warehouse than the obligations to depositors, as determined by an
investigation of the warehouse operator's records.
2. An incidental warehouse operator shall maintain at all times
sufficient quantity and quality of grain to cover the incidental
warehouse operator's obligation. An incidental warehouse operator
shall not at any time have less grain in a warehouse than the
obligations to depositors, as determined by an investigation of the
incidental warehouse operator's records. Section History: Early Form
[81 Acts, ch 180, § 29] Section History: Recent Form
C83, § 543.23
C93, § 203C.23
99 Acts, ch 106, §13
